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For 2020, HUD made home ownership more attainable for millions of Americans by increasing the loan limits in almost all of the 3,233 counties where they back home loans. FHA limits inform borrowers how much is available for an FHA home loan. These new loan limits are effective for case numbers assigned through Dec. 31, 2020.

FHA Rates Near 50 Year Low!

Now is the time to drop the interest rate on your 30-year mortgage or refinance into a 15-year home loan.

FHA Rates for July 5, 2020

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Find out why FHA mortgages with low down payments are so popular with homebuyers.

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FHA.com is a privately owned website, is not a government agency, and does not make loans.

FHA Loan Requirements

Lower Standards for Credit Scores and Down Payments

Whether you're a first time homebuyer, moving to a new home, or want to refinance your existing conventional or FHA mortgage, the FHA loan program will let you purchase a home with a low down payment and flexible guidelines.

580 Credit Score
- and only -
3.5% Down


FHA loan limits were established to define how much you can borrow for a HUD-backed mortgage. Each state has different limits, so be sure to look up your state to understand what is available for your FHA home loan.

Paying the upfront costs of buying a new home can be challenging. To help overcome this hurdle, many local and state agencies offer down payment assistance in the form of grants or second mortgages.

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FHA Loan Articles and Mortgage News

How to Qualify for an FHA Reverse Mortgage (HECM)

June 26, 2020 - The FHA reverse mortgage loan program is known as the Home Equity Conversion Mortgage or HECM for short. Lots of people are interested in reverse mortgages--but who qualifies for the FHA version of the reverse mortgage and how do you know if your home is eligible for the loan?

FHA Refinance Loans for Beginners

June 25, 2020 - Refinancing can save you money in interest payments over the long term. It can also provide a lower monthly payment or result in cash back to the borrower once the original loan has been paid off and the associated closing costs dealt with.

VA One-Time Close Construction Loans

June 24, 2020 - Did you know that the VA offers a One-Time Close construction loan similar to the FHA One-Time Close loan? The VA version of the One-Time Close loan allows qualified borrowers to finance both the construction and the permanent mortgage at the same time.

What Hurts Your Credit Most When Looking for a Mortgage?

June 23, 2020 - Credit approval for big loans like a mortgage isn’t dependent just on FICO scores.. Home loan approval depends on a number of factors that are reviewed by your lender after you submit a loan application. One factor is your employment history. 

Why Are FHA Loan Interest Rates Lower Than Conventional Mortgages?

June 20, 2020 - Comparing rates is a very good thing to do when shopping around for a lender but knowing why government-backed loans such as FHA mortgages, USDA loans and VA loans have lower interest rates for highly qualified borrowers is an important factor.

FHA Announces Extension of Foreclosure Relief

June 19, 2020 - CARES Act relief measures and other moves by federal agencies have provided some economic help--and the FHA/HUD is no exception, requiring participating lenders to delay initiating or continuing foreclosures during the ongoing emergency.

FHA Mortgage Rates Remain Below 3%

June 18, 2020 - In the second week of June, FHA mortgage rates were reported below three percent--something that in years past would have been considered surprising, but with the 2020 rollercoaster ride it’s not so strange to those used to watching the markets.

Do FHA Loan Requirements Apply to All Borrowers?

June 17, 2020 - Where basic minimum credit standards are concerned, FHA loan rules apply for all borrowers. One important area where all FHA borrowers are intended to get identical treatment is in the application of Fair Housing law standards. No discrimination is permitted in the FHA home loan process.

Review Your Credit Before You Apply for an FHA Mortgage

June 16, 2020 - Are you planning for your home loan? Starting early as possible is a very good bit of advice for anyone who wants to own their own property, especially if you have never applied for a mortgage before.

The Facts About FHA Credit Requirements and FICO Scores

June 15, 2020 - One in a series of changes implemented by the FHA in recent times is the new standards required for FHA loans regarding FICO score requirements and down payments. A 580 FICO score will now be the minimum borrower requirement.

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If you’re getting ready to shop around for mortgage options, it’s a good idea to brush up on some of the technical terms in our Mortgage Glossary. You’re going to be hearing a lot of them!