FHA loan information
Learn how FHA insurance can affect the minimum investment, mortgage insurance, and lender review.
Discuss FHA loan options
Understand FHA-insured financing
About FHA Loans
An FHA loan is made by an FHA-approved lender and insured by the Federal Housing Administration. The program can permit a lower minimum investment than some other mortgage options.
FHA financing includes mortgage insurance and specific property, occupancy, credit, income, asset, and documentation rules. Lenders can also apply additional requirements.
Review the complete payment, upfront costs, mortgage insurance, and long-term plan before selecting a loan program.
What to review
Discuss these items with a licensed mortgage professional:
- The minimum investment and acceptable source of funds
- Upfront and annual mortgage insurance
- Property, occupancy, credit, income, and documentation requirements
- The complete monthly payment and closing costs
Important FHA considerations
FHA financing can permit a 3.5% minimum investment when program and lender requirements are met. Mortgage insurance and the complete monthly payment must also be reviewed.
View verified contact details Minimum investment
and funds
Mortgage insurance
costs
Complete lender
review
Discuss FHA loan options
A licensed mortgage professional can review your complete scenario and the programs that may be available.
View contact optionsThis page provides general information only. It is not a loan approval, commitment, eligibility decision, or rate quote. Program, lender, property, credit, and documentation requirements can vary.