Owning a home is one of life’s biggest milestones, but saving for a large down payment or meeting strict credit requirements can feel overwhelming. That’s where FHA Mortgage loans come in! Designed to make homeownership more accessible and affordable, FHA loans offer low down payments, flexible credit requirements, and competitive interest rates—perfect for first-time buyers and those with less-than-perfect credit.

    At Mortgage Capital, we specialize in helping borrowers navigate the FHA loan process with ease. Whether you’re buying your first home or looking for a fresh start, we’re here to make homeownership a reality for you.

    What Are FHA Loans?

    FHA loans are government-backed mortgages insured by the Federal Housing Administration (FHA). They provide an affordable path to homeownership, especially for first-time buyers, individuals with lower credit scores, or those with limited savings.

    Why Choose an FHA Loan?

    Low Down Payment – As little as 3.5% down (with a credit score of 580+)
    Flexible Credit Requirements – Qualify with a score as low as 500 (with 10% down)
    Lenient Approval Process – Great for buyers with past financial challenges
    Competitive Interest Rates – Government backing helps keep rates lower
    Fixed & Adjustable Rate Options – Choose a mortgage that fits your needs

    FHA Loan Eligibility Requirements

    To qualify for an FHA loan, you must meet the following criteria:

    • Credit Score: 580+ for 3.5% down, or 500–579 with 10% down
    • Primary Residence: FHA loans cannot be used for investment properties
    • FHA-Approved Property: Home must meet HUD’s safety and livability standards
    • Debt-to-Income Ratio (DTI): Typically 43% or lower (exceptions may apply)
    • Mortgage Insurance Premium (MIP): Required for most FHA loans

    Who Benefits Most from FHA Loans?

    First-Time Homebuyers – Ideal for those new to homeownership
    Borrowers with Low Credit – More forgiving than conventional loans
    Buyers with Limited Savings – Low down payment options make homeownership achievable
    Self-Employed or Freelancers – Flexible income verification guidelines

    Why Choose Mortgage Capital?

    Expert Guidance – Our experienced mortgage specialists walk you through the FHA loan process step by step.

    Fast & Hassle-Free Approvals – We streamline the application process to get you approved quickly.

    Flexible Loan Options – We work with you to find the best FHA loan program that fits your needs and budget.

    Low Down Payments – With as little as 3.5% down, homeownership is within reach!

    Personalized Support – We treat every client like family, ensuring you receive the best rates and service.

    Don’t let homeownership feel out of reach—let’s make it happen together!

    Get Pre-Approved Today!

    Our team at Mortgage Capital makes the FHA loan process simple and stress-free. Whether you’re ready to buy now or just exploring your options, we’re here to help.

    Call us at 561-300-0380 or contact us to start your FHA loan journey today!