0%-1.5% Down FHA Loans

If you have at least a 630-credit score and qualify for any ONE of the three factors below, you could pay 0%-1.5% down on your next home purchase.

If you identify with ANY ONE of the qualifications below and have a 630-credit score or greater, you can utilize the Federal Housing Authority’s (FHA) Down Payment Assistance Program.

1.    Do you earn less than $104,300 per year?

2.    Are you a *first-time homebuyer? 

3.    Are you a First Responder, Educator, Medical Personnel, Civil Servant, or a Veteran?

 *First-time homebuyer is a person who has not owned a home in the last three years

This program will supply you with the Down Payment Assistance Program that provides the entire Down Payment of the required 3.5% for you. The money is provided at closing in your name and serves as your Down Payment for the FHA required 3.5% down.

There are no tricks, no gimmicks, and no hidden fees to this program. There are no additional terms requiring repayment of the funds, and it has no recapture fees.

The loan has a higher APR than standard FHA market rates, but the trade-off for the 3.5% down payment is well worth it.

We ask that you stay in the loan to make six monthly payments before selling or refinancing out of the Down Payment Assistance loan.

The Down Payment Assistance Loan allows you to purchase a house with as little as 0% down.