Government-backed loans designed to make homeownership accessible — low down payment, flexible credit.
FHA loans are backed by the Federal Housing Administration and are designed to help more people qualify for a mortgage. They allow lower credit scores and smaller down payments than most conventional loans.
FHA is one of the most popular loan programs for first-time buyers and borrowers rebuilding their credit.
Apply Now Get a Quote
With a 580+ credit score, FHA loans require just 3.5% down — and scores as low as 500 may qualify with 10% down.
FHA loans are insured by the federal government, which allows lenders to offer more flexible qualifying requirements.
FHA allows debt-to-income ratios up to 57% in some cases — higher than conventional loan limits.
FHA requires an upfront MIP and monthly mortgage insurance premiums. For loans with less than 10% down, MIP is for the life of the loan.
The FHA 203k program lets you buy and renovate a home with a single loan, rolling repair costs into your mortgage.
FHA Streamline refinancing allows existing FHA borrowers to refinance with minimal documentation and no appraisal in many cases.
Contact Rose today for a free, no-obligation consultation.