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Government-Backed Financing

Unlock Homeownership with an FHA Loan

You don't need perfect credit or a 20% down payment to buy a home. We help buyers secure government-backed FHA loans with competitive rates and flexible requirements.

Just 3.5% Down Payment

Keep your savings intact. FHA loans require one of the lowest down payments in the industry.

Credit Scores from 580+

Past financial bumps? The FHA program is highly forgiving, approving credit scores far lower than conventional banks.

100% Gift Funds Allowed

Your entire 3.5% down payment can come from a family member, employer, or charitable grant.

Trusted FHA Mortgage Experts
Free FHA Quote

See If You Qualify Today

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The FHA Advantage

Why Buyers Choose FHA Loans

Backed by the Federal Housing Administration, these loans reduce the risk for lenders, which translates into incredibly flexible and forgiving terms for you as the buyer.

Minimal Cash to Close

With only a 3.5% down payment requirement, you can keep more of your hard-earned money in your bank account for emergencies, furniture, or renovations.

Higher DTI Limits

Have student loans or car payments? FHA allows for a higher Debt-to-Income (DTI) ratio than standard loans, often allowing you to qualify for a larger home.

Flexible Funding Sources

Unlike some loans that require the down payment to come entirely from your own savings, FHA allows 100% of your down payment to be a documented gift from relatives.

Seller Concessions

The FHA allows the seller to contribute up to 6% of the purchase price toward your closing costs, pre-paid taxes, and insurance, drastically lowering your upfront costs.

Non-Occupant Co-Signers

If your income isn't quite high enough to qualify for the house you want, the FHA allows a relative (like a parent) to co-sign the loan, even if they won't live in the house.

Easy Refinancing Later

Once you have an FHA loan, you gain access to the "FHA Streamline Refinance" program, allowing you to easily lower your rate in the future with no appraisal or income verification.

FHA vs. Conventional Loans

Not sure which path is right for you? Here is a quick comparison of how the Federal Housing Administration program stacks up against standard bank loans.

Most Forgiving

FHA Loan

  • Credit Score Minimum 580 (for 3.5% down) or 500 (with 10% down).
  • Down Payment As low as 3.5%.
  • Mortgage Insurance Requires Upfront MIP and Annual MIP (often for the life of the loan).
  • Property Condition Must pass stricter FHA safety and habitability appraisals.

Conventional Loan

  • Credit Score Minimum Typically 620, but higher scores are needed for good rates.
  • Down Payment As low as 3%, but usually requires 5% to 20%.
  • Mortgage Insurance PMI required if under 20% down, but automatically cancels later.
  • Property Condition More lenient "as-is" appraisals acceptable.
Interactive Tool

FHA Payment Estimator

Calculate your estimated monthly payments using the FHA standard 3.5% down payment.

$300,000
$100k $800k+
$10,500
%

Est. Monthly Payment (P&I)

$1,735

Principal & Interest only. Does not include taxes, homeowner's insurance, or FHA Mortgage Insurance Premium (MIP).

Home Price: $300,000
Down Payment: -$10,500
Base Loan Amount: $289,500

*Calculator is for educational purposes. FHA loans require an Upfront Mortgage Insurance Premium (UFMIP) of 1.75% of the base loan amount, which is typically rolled into the total loan size, plus an annual MIP added to monthly payments.

Basic FHA Requirements

Wondering if you qualify? The FHA program is designed to be accessible. Here are the primary guidelines you need to meet.

Primary Residence

You must intend to live in the home as your primary residence. Investment properties do not qualify.

Steady Income

You need a verifiable employment history, typically demonstrating steady income for the past two years.

FHA Appraisal

The home must meet strict FHA safety, security, and structural soundness standards before approval.

Valid SSN & Lawful Residency

Borrowers must have a valid Social Security Number and be lawful residents of the United States.

FHA Loan Frequently Asked Questions

Get clear answers about the FHA mortgage process.

Because FHA loans require such low down payments and accept lower credit scores, the FHA requires borrowers to pay Mortgage Insurance Premiums (MIP) to protect the lender if you default. There are two types: an Upfront MIP (usually 1.75% of the loan amount, which is rolled into the loan) and an Annual MIP (which is divided by 12 and added to your monthly mortgage payment).
No. This is a very common misconception. While FHA loans are extremely popular with first-time buyers due to the low barrier to entry, repeat buyers are fully eligible for FHA loans as long as they intend to use the home as their primary residence.
The government sets limits on how much you can borrow using an FHA loan, and these limits change annually and vary by county based on the local cost of living. In low-cost areas, the limit is lower, while in expensive metropolitan areas, the limit is significantly higher. Our experts will verify the exact limits for your desired zip code.
If you put down less than 10% on an FHA loan, the monthly MIP remains for the life of the loan. However, the most common strategy buyers use is to take the FHA loan now to get into the house, build equity for a few years, and then refinance into a Conventional loan once they have 20% equity, completely eliminating the mortgage insurance.
FHA appraisers look for safety hazards (like peeling lead paint, broken handrails, or bad roofs). If a home fails the inspection, the seller is usually given a list of required repairs. If the seller refuses to fix them prior to closing, the FHA will not approve the loan for that specific property, protecting you from buying a hazardous money pit.
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