FHA Loan
A mortgage insured by the Federal Housing Administration, allowing lower down payments and credit scores.
What does fha loan mean?
FHA loans let buyers put down as little as 3.5% with flexible credit, in exchange for mortgage-insurance premiums. For 2026 the limits run from a floor of $541,287 to a ceiling of $1,249,125 by county. They are popular with first-time buyers.
Put it to use
FHA Loan Calculator Use this calculator to determine your FHA loan amount and how much cash needed for to complete the home purchase.. Mortgage Required Income Use this calculator to determine how much income you need to qualify for a mortgage and how different interest rates affect your required income.
FHA Loan — frequently asked
What are the FHA loan requirements?
FHA loans allow credit scores as low as 580 with 3.5% down (or 500 with 10% down), require the home to be your primary residence, and charge mortgage insurance. Debt-to-income and property standards also apply.
Can I remove FHA mortgage insurance?
If you put down less than 10%, FHA mortgage insurance lasts the life of the loan — the common way to shed it is to refinance into a conventional loan once you have around 20% equity. With 10% down, it drops after 11 years.