Question 1

What is an FHA loan?

Accepted Answer

An FHA loan is a mortgage insured by the Federal Housing Administration designed to help buyers qualify with flexible credit and down payment guidelines for a primary residence.

Question 2

What is the minimum down payment for FHA?

Accepted Answer

Many borrowers qualify with as little as 3.5% down, depending on credit and guidelines. Estimate payments with our [mortgage calculator](/calculators/mortgage).

Question 3

Do FHA loans require mortgage insurance?

Accepted Answer

Yes—FHA typically has an upfront mortgage insurance premium and monthly mortgage insurance. Cost depends on loan details. For a personalized estimate, [apply online](/app).

Question 4

Are FHA loans only for first-time homebuyers?

Accepted Answer

No—FHA can be used by repeat buyers too, as long as the home is your primary residence and you meet qualification requirements.

Question 5

Is FHA easier to qualify for than conventional?

Accepted Answer

FHA can be more flexible in some cases, but it comes with mortgage insurance. We can compare FHA vs. conventional options based on your goals—[apply online](/app).

Question 6

Can I refinance an FHA loan later?

Accepted Answer

Yes. Many homeowners refinance when it makes sense to lower the rate, change the term, or switch loan types. Check trends on [mortgage rates](/mortgage-rates) and start an [application](/app).

FHA loan

A loan designed to open doors — with flexible credit requirements and lower down payments, FHA makes homeownership more accessible than ever.

Low Credit Score Friendly

Flexible Down Payment Options

Gift Funds Allowed

Assumable Loan Advantage

Government-Backed Confidence

Real answers. Real people.

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Refinance calculator

Mortgage payoff calculator

Frequently Asked Questions

Achieve your homeownership goals with an FHA loan