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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 March 28, 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

When World Events Affect Home Loan Interest Rates

March 8, 2020 - Why do interest rates move lower? Investors get scared, pull their money out of the riskier investments they were pursuing, and put that money into what are comparatively safer places. And that’s what is happening with the coronavirus.

Home Loan Questions to Ask a Lender

March 6, 2020 - First-time home buyers come to the home loan game without experiencing any of the journey to home ownership first-hand. Even if you watched your parents negotiate a home loan, doing it yourself is another thing.

What Home Buyers Can Do About Thin Credit

March 5, 2020 - If you are hoping to buy a home but do not have a long credit history, it’s easy to understand why you might be concerned about your ability to get a loan approved. Fortunately there are some things you can do to build your credit ahead of a home loan that will help.

How Down Payment Grants Can Help You Buy a Home

March 4, 2020 - There are some misconceptions about down payment grants in general, but one of the biggest is that the FHA itself or the lender is somehow responsible for managing or offering these grants. You, the borrower, are responsible for locating the programs in your area.

Home Loan Interest Rates, Coronavirus, and Your Mortgage

March 3, 2020 - Fears of the coronavirus have fueled investor behavior, which in turn has put downward pressure on mortgage loan interest rates, refinance loan interest rates, etc. And the ride is not over yet, from all indications. Listen to how the experts talk about the situation and where it’s going.

Why Purchase A Home Now? Rising Home Values

March 1, 2020 - Are you on the fence about buying a home? There are many reasons why it’s a great idea to search for a home in 2020, such as owning instead of renting, the ability to freely customize your living space, or using a cash-out refinance to convert part of your home’s value into cash.

One-Time Close Construction Loan Advice

February 29, 2020 - A One-Time Close construction loan is designed to let you build a house on your own lot instead of buying an existing property. Do you want to design and build your own home using licensed contractors and plans created by a professional? 

Are Refinance Rates at 3-Year Lows?

February 27, 2020 - Mortgage loan interest rates tend to move in the opposite direction of economic news; what’s good for the economy can hurt mortgage interest rates, what’s bad for the economy can improve them based on investor behavior.

Why Mortgage Loan Rates Changed Because of the Coronavirus

February 25, 2020 - World news does not directly affect mortgage loan interest rates, but investor reaction to that news can. Investors have responded negatively to coronavirus news, putting money in safe-haven investments instead of riskier moves.

Home Buying Grants Near You

February 22, 2020 - There are agencies across the country operating on a local level to offer down payment help to qualified borrowers, many of whom are first-time home buyers. And many of these grant programs have no repayment requirements when terms and conditions are met.

SEE YOUR CREDIT SCORES   From All 3 Bureaus  

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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!