FHA Loan Requirements
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.
- The Facts About FHA Credit Requirements and FICO® Scores
- Do FHA Loan Requirements Apply to All Borrowers?
- Your FHA Loan Credit Qualifications

FHA Limits for 2021
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.

Down Payment Grants for FHA Loans
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
January 6, 2021 - First-time home buyers won’t notice, but some of the FHA loan paperwork typically dealt with during the home loan process is changing. The changes are part of a larger move dictated by something known as the Housing Finance Reform plan.
January 3, 2021 - If you are considering your first home loan, there are some great resources you should use in your planning and saving stage of the mortgage. No new borrower has all the information they need to buy a home at their fingertips in the early days.
January 1, 2021 - Whether you’re looking at a starter home or you want to build a house on your own lot to retire in, there are many options with FHA mortgages and not all of them involve purchasing someone else’s suburban house; you can choose from condo units, mobile homes, and more.
December 30, 2020 - If you want to build a home on your own land or on land you buy in conjunction with your construction loan, you should know there are a variety of construction mortgages out there and not all of them are the same.
December 24, 2020 - This is not the first time the agency has modified the expiration dates of COVID-19 mortgage relief measures. It’s actually the fourth such extension and is applicable for all FHA mortgages except for buildings that are considered abandoned or legally vacant.
December 23, 2020 - FHA One-Time Close construction loans are good for borrowers who aren’t worried about being able to qualify for the home loan with their FICO scores. Be sure to discuss the timing of your mortgage payments with your loan officer.
December 21, 2020 - FHA home loans for condo units typically include 15-year or 30-year purchase loan terms and refinance loan terms for units in an FHA-approved condominium project. But loans can also be approved for individual condo units in a project that is not FHA approved.
December 20, 2020 - The Federal Trade Commission recommends that home buyers ask specific questions about escrow requirements for their home loan. This is especially important for FHA One-Time Close construction loans, FHA 203(k) rehab loans, and similar loans.
December 18, 2020 - If you are interested in buying a home in 2021, you have higher FHA home loan limits to look forward to. You also have a range of FHA home loan options you should seriously consider that can provide alternatives you might not be aware of.
December 16, 2020 - On December 2, 2020, the FHA and HUD issued a press release announcing higher FHA mortgage loan limits for applicants seeking FHA mortgages with FHA case numbers assigned on or after January 1, 2021. Those with home loans in the new year get higher loan guaranty limits.

SEE YOUR CREDIT SCORES From All 3 Bureaus
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Learn what your score means.

Homebuyer Terminology
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!
