Skip to nav Skip to content
  1. On Friday, July 26, our call center will be closed beginning at 7 p.m. ET for annual system maintenance. We will reopen for normal business hours on Saturday, July 27, from 10 a.m. to 2 p.m. ET.

Sign In

FHA Loans

Making Homeownership Achievable.

What is an FHA Loan?

FHA loans are mortgages insured by the Federal Housing Administration, a federal agency within the Department of Housing and Urban Development. Because FHA loans are government-assisted and insured, they are more accessible for borrowers (compared to conventional loans).

Why Choose an FHA Loan?

An FHA loan is a great option if you want to put less money down, don’t have enough savings built up for a conventional loan requirement of 20% down, or have a lower credit score. It’s important to note that while FHA loans require borrowers to pay for mortgage insurance (since they’re government-backed), they serve to provide homeownership opportunities for many home buyers who don't qualify for conventional financing!

FHA Loans Make Homeownership Achievable:

  • Low down payment requirement (as low as 3.5%)
  • Flexibility on debt-to-income ratio
  • Qualify with less-than-perfect credit
  • Down payment funds from family/friends allowed
  • Purchase or refinance loan options available

Apply for an FHA Loan Today!

Apply for an FHA Loan Today!

How to qualify for an FHA loan:

Some requirements for an FHA loan are:

  • Credit score that meets the lender’s minimum requirement
  • A solid payment history
  • No derogatory credit event in the last 2-3 years
  • A debt-to-income ratio of 43% or less
  • Steady income
  • Proof of employment history

Find out what you can afford.

Try our suite of calculators and tools to get a better understanding of how your finances impact your options.

Why Newrez?

Newrez believes the lending business shouldn't just be about home loans - it should be about homeowners. That's why our employees get to know our customer's real needs, through final closing, and beyond.

Industry leading loan options
Simple pre-qualifications and application processes
Loans for everyone, from seasoned investors to first-time buyers
Putting power back into underserved communities