Federal Housing Administration (FHA) Mortgage
Specialized loans with government backing.
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.
|Loan to Value (LTV)|| |
96.5% for purchases and streamline refinances
Fixed or variable
As low as 3.5%
- 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 1- to 4-unit properties, including single family homes, condos or planned unit developments
We'll walk you through your options. With your rates, terms and benefits in hand, you'll have everything you need to take the next step.
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 or products are available in all states.