FHA loans. As little as 3.5% down
Flexible on credit and easy on the down payment, which is why a lot of first-time buyers start here. We shop your FHA loan with 130+ lenders.
What an FHA loan is
An FHA loan is insured by the Federal Housing Administration. That insurance lets lenders accept a smaller down payment and more flexible credit than many conventional loans.
FHA loans carry mortgage insurance. We compare FHA side by side with conventional so you see which one fits you better.
Who it fits
- First-time buyers
- Buyers with a smaller down payment
- Buyers rebuilding or growing their credit
- Buyers using gift funds from family
How it works with us
- Apply onceThe secure application takes your income, assets and the home you want.
- One soft pullWe check your credit once, without affecting your score, and shop the file with 130+ lenders.
- Pre-approvalWe get you a pre-approval letter to shop with, so sellers know you are serious.
- CloseWe keep the appraisal and underwriting moving, and get you to closing.
What to have on hand
You don't need all of it to start. The application tells you what's missing.
- Photo ID for everyone on the loan
- Pay stubs covering the last 30 days
- W-2s for the last two years
- Bank statements for the last two months, all pages
- Gift letter, if family is helping with the down payment
Good to know
How much do I need to put down on an FHA loan?
As little as 3.5% of the purchase price for buyers who qualify.
Can family help with my down payment?
Yes. FHA allows gift funds from family toward your down payment and closing costs.
Do FHA loans have mortgage insurance?
Yes. FHA loans carry mortgage insurance. We compare FHA and conventional side by side so you can see which costs less for you.
Already have an FHA loan?
Ask us about an FHA streamline refinance, which cuts down the paperwork compared with a full refinance.