FHA Loans
A first-time buyer's
best friend.
3.5% down. Flexible credit guidelines. A path to homeownership built for the rest of us.
What is an FHA loan?
A government-backed loan with low barriers to entry.
FHA loans are insured by the Federal Housing Administration and offered by approved lenders. The FHA backstop lets lenders offer easier qualifying and lower down payments — making them especially helpful for first-time buyers, buyers with limited savings, and buyers rebuilding their credit.
- Down payments as low as 3.5%
- Credit scores starting at 580 (and 500 with 10% down)
- Competitive interest rates
- Cosigners allowed
- Streamlined refinances available later
Minimum down
3.5%
Min credit score
580
Max DTI
43%
Subject to lender overlays. Heritage shops every FHA lender to find your best fit.
Curious?