Loan Program
FHA Loans
Flexible credit and lower down payment options backed by the FHA.
What is a FHA Loan?
FHA loans are mortgages insured by the Federal Housing Administration. They are designed to help first-time buyers and borrowers with limited down payment savings access home financing.
Because FHA loans are government-backed, lenders can offer more flexible credit and down payment requirements than many conventional programs.
Key benefits
- Down payments starting at 3.5% for qualifying borrowers
- More flexible credit qualifying guidelines
- Available for primary residence purchases and refinances
- Gift funds allowed for down payment and closing costs
Who qualifies?
- Buyers planning to occupy the home as a primary residence
- Borrowers with two years of documented employment history
- Properties that meet FHA appraisal and condition standards
Frequently asked questions
Looking for a different program? See all loan programs.
Ready to Take the Next Step?
Get personalized guidance from Colton Dudley — licensed in Washington and Idaho.