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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 November 6, 2020

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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

FHA Mortgage Scam Update

November 3, 2020 - Mortgage scams and reverse mortgage scams often feature these third parties approaching home owners, especially those who may be in trouble with their mortgages, with offers to save a home from foreclosure or with bogus offers through a reverse mortgages.

FHA Loans for Condos: Site Condos vs. Ordinary Condos

October 30, 2020 - What is the difference between a site condo and an ordinary condo? There are FHA loans for condo units in approved projects and there are also rules in the FHA Lender’s Handbook that address when the purchase of a site condominium is permitted. But what is the difference?

HUD Announces Revised COVID-19 Relief Deadlines

October 28, 2020 - In October, 2020, the Department of Housing and Urban Development and the Federal Housing Administration once more determined the need to extend the deadline for approving a COVID-19 Forbearance or an HECM Extension beyond the original and earlier-modified deadlines.

FHA Modifies New Construction Loan Guidelines

October 27, 2020 - On October 22nd, 2020, the FHA and HUD announced changes to the FHA loan rules for new construction loans, which are used to build a home rather than having the borrower buy an existing property previously occupied by the former owner.

Do You Need a Rate And Term Refinance?

October 24, 2020 - Borrowers with existing mortgages who wish to refinance have a variety of options for doing so under the FHA Single Family home loan program. You can refinance an existing FHA mortgage or a non-FHA mortgage using options like cash-out refinances and no cash out options.

Choose the Right Mortgage Loan

October 22, 2020 - There are many options with an FHA mortgage. Not all of them involve purchasing a typical house that qualifies as new construction or existing construction meeting FHA appraisal guidelines. For example, an FHA loan is possible for purchasing a condo unit in an approved condo project.

Qualifying for a New FHA Mortgage With a Past Loan Forbearance

October 20, 2020 - In the age of coronavirus, many home loan and refinance loan policies have been re-examined to see how borrowers can be helped into new loans or refinance loans even having needed a loan forbearance.

Credit Monitoring Before Your Home Loan

October 14, 2020 - If you don’t know the contents of your credit report, you aren’t ready for a home loan. But subscribing to a credit monitoring service is just the first step--knowing what options to choose can be an important step in getting better prepared for your mortgage loan application.

Do You Need to Refinance Your Mortgage?

October 13, 2020 - Mortgage loan interest rates fell to incredible lows in 2020 and many homeowners have taken advantage of those low rates to refinance their mortgages. There are many reasons to do so including saving money over the lifetime of the loan by paying a lower interest rate.

Why Some Homes Aren't Approved for FHA Mortgages

October 10, 2020 - Some borrowers find the property they want does not qualify for an FHA mortgage loan and they aren’t sure why--at first. You can save a lot of time and money by understanding what FHA loans are approved for and the kinds of property you cannot purchase using an FHA home loan.

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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!