Sign On
  • Online Banking
    Sign On Form is Loading

An FHA loan has features that make homeownership affordable. With its low down payment options, you’ll need less cash to get started, so qualifying is easier than you might think.

Overview

Purchaser Qualification

Income based

Loan to Value (LTV)

96.5% for purchases, 97.75% for refinances, 85% for cash-out refinances

Interest Rate

Fixed or variable

Down Payment

As low as 3.5%

Features

  • Up to 6% seller contribution allowed (based on LTV), and can be used for closing costs or prepaid items
  • Allows for down payment assistance from third-party organizations and agencies
  • No reserve requirement for a 1-2 unit property1
  • Available for one to four unit owner-occupied properties including single-family, attached or detached, condos or planned unit developments
  • Insured by the Federal Housing Administration, so the qualification criteria are more flexible than for conventional loans

Disclosures

1

Dependent upon automated mortgage underwriting response.

NOTICE: This is not a commitment to lend or extend credit. Conditions and restrictions may apply. Information and offers are subject to change without notice. All loans are subject to credit and collateral approval. Not all loans and products are available in all states. NMLS#399797

Buying a Home

Buying a New Home vs. Remodeling: What's the Best Option for You?

Deciding between buying a new home and updating your current one with a large remodel can be difficult. Here are a few questions to ask yourself before deciding which decision is best for you.

October 2018 Buying a New Home vs. Remodeling: What's the Best Option for You?
Buying a Home

Tips for Saving Money While Buying a House

Whether you're ready to purchase you first house or your forever home, maximize your investment and save money with these house buying tips.

July 2017 Tips for Saving Money While Buying a House
Mortgage Calculators

Mortgage Payoff Calculator

Find out how much interest you can save by increasing your monthly mortgage payment and paying your mortgage off more quickly.

Mortgage Payoff Calculator

Call Us

1-800-KEY2YOU®

TDD/TTY (Hearing Impaired):
1-800-539-8336

Schedule an Appointment

Talk to a Mortgage Loan Officer in your neighborhood.

Schedule an appointment now

Find a Branch or ATM