--- title: Loan Requirements --- [![FHA Home ](https://fhahomes.com/hubfs/raw_assets/public/FhaHomeLoans/images/FHAhomes.com.svg)](https://fhahomes.com/?hsLang=en) - [ Loan Requirements ](https://fhahomes.com/loan-requirements?hsLang=en) - Calculators - [Refinance Calculator](https://fhahomes.com/refinance-calculator?hsLang=en) - [Mortgage Calculator](https://fhahomes.com/mortgage-calculator?hsLang=en) - [Cash Out Calculator](https://fhahomes.com/cash-out?hsLang=en) - FHA Resources - ![phone logo ](https://fhahomes.com/hubfs/raw_assets/public/FhaHomeLoans/images/Phone_light.svg) 1-877-451-9788 [Get Started](https://fhahomes.com/multi-step?hsLang=en) [Get Started](https://fhahomes.com/multi-step?hsLang=en) - [ Loan Requirements ](https://fhahomes.com/loan-requirements?hsLang=en) - Calculators - [Mortgage Calculator](https://fhahomes.com/mortgage-calculator?hsLang=en) - [Refinance Calculator](https://fhahomes.com/refinance-calculator?hsLang=en) - [Cash Out Calculator](https://fhahomes.com/cash-out?hsLang=en) - [FHA Resources](https://fhahomes.com/fha-resources?hsLang=en) - [![phone logo ](https://fhahomes.com/hubfs/raw_assets/public/FhaHomeLoans/images/Phone_light.svg)1-877-451-9788](tel:1-877-451-9788) [![FHA Home ](https://fhahomes.com/hubfs/raw_assets/public/FhaHomeLoans/images/FHAhomes.com.svg)](https://fhahomes.com/?hsLang=en) [Loan Requirements](https://fhahomes.com/loan-requirements?hsLang=en) Calculators![arrow down](https://fhahomes.com/hubfs/raw_assets/public/FhaHomeLoans/images/keyboard_arrow_down.svg) - [Mortgage Calculator](https://fhahomes.com/mortgage-calculator?hsLang=en) - [Refinance Calculator](https://fhahomes.com/refinance-calculator?hsLang=en) - [Cash Out Calculator](https://fhahomes.com/cash-out?hsLang=en) [ FHA Resources](https://fhahomes.com/fha-resources?hsLang=en) [![phone logo ](https://fhahomes.com/hubfs/raw_assets/public/FhaHomeLoans/images/Phone_light.svg) 1-877-451-9788](https://fhahomes.com/1-877-451-9788?hsLang=en) ** [Get Started](https://fhahomes.com/multi-step?hsLang=en) ![Frame 29 (2)](https://fhahomes.com/hubfs/Frame%2029%20(2).svg "Frame 29 (2)") **FHA Eligibility Essentials** Loan Requirements Your complete guide to FHA loan requirements, limits, and benefits. Discover flexible financing options designed to make homeownership accessible. ![Frame 29 (2)](https://fhahomes.com/hubfs/Frame%2029%20(2).svg) ## FHA Loan Program Highlights Available for purchase, refinance, and construction. ![Frame 15 (2)](https://fhahomes.com/hubfs/Frame%2015%20(2).svg) **Minimum Down Payment** **3.5%** One of the lowest down payment options. ![Frame 15 (4)](https://fhahomes.com/hubfs/Frame%2015%20(4).svg) **Income Limits** **None** No maximum income restrictions. ![Frame 15 (6)](https://fhahomes.com/hubfs/Frame%2015%20(6).svg) **Loan Types** **Multi-Purpose** Purchase, refinance, and construction options. ## Eligible Property Types FHA loans can be used for a variety of residential properties. ![Frame 15 (8)](https://fhahomes.com/hubfs/Frame%2015%20(8).svg) ## 1 to 4-Unit Properties Single-family homes, Single family, 2-4 units are all eligible for FHA financing ![Frame 16 (1)](https://fhahomes.com/hubfs/Frame%2016%20(1).svg) ## FHA-Approved Condominiums Condos that meet FHA approval requirements and are on the approved list ![Frame 15 (8)](https://fhahomes.com/hubfs/Frame%2015%20(8).svg) ## Townhomes Attached townhouses that meet FHA property standards and requirements ![Frame 15 (9)](https://fhahomes.com/hubfs/Frame%2015%20(9).svg) ## Manufactured Housing Permanently affixed manufactured homes on a permanent foundation FHA Loan Amounts Limits Maximum loan amounts vary by location and property type.   Maximum Loan Amounts by Region  Low-Cost Areas High-Cost Areas AK, HI, Guam, USVI ![full table - low-cost areas](https://fhahomes.com/hubfs/full%20table%20-%20low-cost%20areas.svg) ![full table - high-cost areas](https://fhahomes.com/hubfs/full%20table%20-%20high-cost%20areas.svg) ![hawaii and alaska-updated](https://fhahomes.com/hubfs/hawaii%20and%20alaska-updated.svg) FHA Loan Amounts Limits Maximum loan amounts vary by location and property type.   Maximum Loan Amounts by Region  ![Frame 31 (2)](https://fhahomes.com/hubfs/Frame%2031%20(2).svg "Frame 31 (2)") *¹Union Home Mortgage does not currently do business in New York, Hawaii, and Guam.* ## Ready to Get Started? Take the first step toward homeownership with an FHA loan. Our experienced loan officers are here to guide you through the process and answer all your questions. [Get Started ](https://fhahomes.com/multi-step?hsLang=en) [Talk to a Loan Officer ](tel:+18874519788) ![FHA Home Loans](https://fhahomes.com/hubfs/raw_assets/public/FhaHomeLoans/images/FHAhomesWhite.svg "FHA Home Loans Logo") ##### Your trusted partner for FHA loan financing. Helping families achieve homeownership with low down payments and flexible credit requirements Powered by ![Union Home Mortgage Corp.](https://fhahomes.com/hubfs/raw_assets/public/FhaHomeLoans/images/UHM-Block-Logo.svg "Union Home Mortgage Corp.") Union Home Mortgage Corp. NMLS #2229, [NMLS Consumer Access website](https://www.nmlsconsumeraccess.org/) [Privacy Policy](https://www.uhm.com/privacy-policy/) [California Privacy Policy](https://www.uhm.com/california-privacy-policy/) [California Consumer Privacy Act Request](https://www.uhm.com/california-consumer-privacy-act-request/) [Licensing Information](https://www.uhm.com/licensing-information/) - ### Quick Links - ### Resources - ### Contact Us ![equal housing logo](https://fhahomes.com/hubfs/raw_assets/public/FhaHomeLoans/images/equal-housing.png "equal housing logo") We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin. Union Home Mortgage is not acting on behalf of or at the direction of HUD/FHA or the Federal Government. These materials are not from HUD or FHA and were not approved by HUD or a government agency. Loans made or arranged pursuant to a California Finance Lenders Law license. This site is not authorized by the New York State Department of Financial Services. No mortgage loan applications for properties located in the state of New York will be accepted through this site. *500 credit score is still subject to AUS approval. Agency terms and conditions may apply. This credit score is not eligible for Construction to Permanent or Renovation loans. 3.5% down payment example for a 30-year fixed-rate FHA loan: Total sales price $300,000, down payment $10,500, loan amount $289,500, interest rate 6.5%, Annual Percentage Rate (APR) 6.719%, final principal and interest payment $1,829.84. 10% down payment example for a 15-year fixed-rate FHA loan: Total sales price $300,000, down payment $30,000, loan amount $270,000, interest rate 6.5%, Annual Percentage Rate (APR) 6.774%, final principal and interest payment $2,353.80. Borrowers with lower credit scores may still qualify for an FHA loan; in some cases, a minimum down payment of 10% may be required based on credit qualifications. Taxes, insurance, and mortgage insurance will be part of the total mortgage payment but are not included in this example. This example is for illustrative purposes only and may differ from the current interest rate offered. Call for the current rate and full disclosure of current terms. Copyright © Union Home Mortgage Corp. 2026 // 8241 Dow Circle West, Strongsville, Ohio 44136 [** Back to Top ](https://fhahomes.com/loan-requirements#top) Quick Links![arrow down](https://fhahomes.com/hubfs/raw_assets/public/FhaHomeLoans/images/keyboard_arrow_down.svg) - [FHA Loan Requirements](https://fhahomes.com/loan-requirements) - [Loan Limits by Area](https://fhahomes.com/loan-requirements#loanLimitsMobile) Resources ![arrow down](https://fhahomes.com/hubfs/raw_assets/public/FhaHomeLoans/images/keyboard_arrow_down.svg) - [Mortgage Calculator](https://fhahomes.com/mortgage-calculator) - [Refinance Calculator](https://fhahomes.com/refinance-calculator) - [Cash Out Calculator](https://fhahomes.com/cash-out) - [FHA Resources](https://fhahomes.com/fha-Resources) Contact Us![arrow down](https://fhahomes.com/hubfs/raw_assets/public/FhaHomeLoans/images/keyboard_arrow_down.svg) - [1-877-451-9788](tel:1-877-451-9788) - **Monday to Friday**          8 am - 7 pm EST **Saturday and Sunday** 10 am - 2 pm EST ![FHA Home Loans](https://fhahomes.com/hubfs/raw_assets/public/FhaHomeLoans/images/FHAhomesWhite.svg "FHA Home Loans Logo") Your trusted partner for FHA loan financing. Helping families achieve homeownership with low down payments and flexible credit requirements Powered by ![Union Home Mortgage Corp.](https://fhahomes.com/hubfs/raw_assets/public/FhaHomeLoans/images/UHM-Block-Logo.svg "Union Home Mortgage Corp.") Union Home Mortgage Corp. NMLS #2229, [NMLS Consumer Access website](https://www.nmlsconsumeraccess.org/) [Privacy Policy](https://www.uhm.com/privacy-policy/) [California Privacy Policy](https://www.uhm.com/california-privacy-policy/) [California Consumer Privacy Act Request](https://www.uhm.com/california-consumer-privacy-act-request/) [Licensing Information](https://www.uhm.com/licensing-information/) ![equal housing logo](https://fhahomes.com/hubfs/raw_assets/public/FhaHomeLoans/images/equal-housing.png "equal housing logo") We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin. Union Home Mortgage is not acting on behalf of or at the direction of HUD/FHA or the Federal Government. These materials are not from HUD or FHA and were not approved by HUD or a government agency. Loans made or arranged pursuant to a California Finance Lenders Law license. This site is not authorized by the New York State Department of Financial Services. No mortgage loan applications for properties located in the state of New York will be accepted through this site. *500 credit score is still subject to AUS approval. Agency terms and conditions may apply. This credit score is not eligible for Construction to Permanent or Renovation loans. 3.5% down payment example for a 30-year fixed-rate FHA loan: Total sales price $300,000, down payment $10,500, loan amount $289,500, interest rate 6.5%, Annual Percentage Rate (APR) 6.719%, final principal and interest payment $1,829.84. 10% down payment example for a 15-year fixed-rate FHA loan: Total sales price $300,000, down payment $30,000, loan amount $270,000, interest rate 6.5%, Annual Percentage Rate (APR) 6.774%, final principal and interest payment $2,353.80. Borrowers with lower credit scores may still qualify for an FHA loan; in some cases, a minimum down payment of 10% may be required based on credit qualifications. Taxes, insurance, and mortgage insurance will be part of the total mortgage payment but are not included in this example. This example is for illustrative purposes only and may differ from the current interest rate offered. Call for the current rate and full disclosure of current terms. Copyright © Union Home Mortgage Corp. 2026 // 8241 Dow Circle West, Strongsville, Ohio 44136 [** Back to Top ](https://fhahomes.com/loan-requirements#top)