FHA Loans

What Is An FHA Loan?

FHA loans are mortgages issued through the Federal Housing Authority (FHA) to help people who have imperfect credit scores or who do not want to provide a large down payment. Not everyone qualifies so please read the FHA loan requirements below. If you have any questions, give us a call or open up a chat. One of our mortgage experts will gladly explain the ins & outs of FHA loans. Fidresi offers competitively low FHA rates with no loan origination fees. See if you pre-qualify for an FHA loan in just a few minutes!

Key Benefits

• Great for first time home buyers
• Lower credit scores allowed
• Down payments as low as 3.5%
• Higher debt-to-income ratios allowed
• Typically lower interest rates than other loan types
• FHA loans allow sellers to contribute up to 6% to cover closing costs

FHA Loan Requirements

• A 580 minimum credit score is needed for consideration. Loans over $700,000 will require at least a 640 score.
• A minimum down payment of 3.5% is required.
• Mortgage loan limits are 115% of your area's median home price according to HUD - Check Loan Limit
• n appraisal by a HUD-approved appraiser is required.
• Mortgage insurance is required.
• Property must be your primary residence.


How Fidelity Residential works

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    FREE, No Obligation!

    Get a custom rate quote in seconds.

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    Receive FREE customized rate quotes!

    View a variety of loan options with no obligations, no commitments and most importantly, no hidden fees. Apply online or call one of our helpful licensed Loan Originators.

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    Close when and where you like!

    After underwriting your loan we will schedule closing at a time and location convenient for you.

Get started
Submit an application by 08/31/2018. Get $500 in lender credits.

Fidelity Residential Stats


Years Experience


States Licensed


$ Billion Funded


Loans Funded