FHA Loan Program

At the Federal Housing Administration (FHA), we provide mortgage insurance on loans made by FHA-approved lenders in Los Angeles city.

Key Benefits and Requirements

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600 Minimum Fico Score

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Lower credit scores allowed

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Down payments as low as 3.5%

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Higher debt-to-income ratios allowed

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Loans up to $679,650

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21 day closings

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Great for first time home buyers

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3.5% Minimum down payment

LAST YEAR OVER 1 MILLION HOMEOWNERS USED AN FHA LOAN

An FHA loan is a mortgage option with low down payment and credit requirements. FHA loans are offered to U.S. homebuyers by FHA-approved lenders and insured by the Federal Housing Administration. 

FHA loans are well known for their affordability namely their 3.5% percent down payment and relatively lenient credit requirements.

According to HUD, the FHA has insured more than 47 million mortgage loans since its inception in 1934.