FHA Loans
3.5% Down. Flexible Credit. Real Opportunity.
FHA loans are insured by the Federal Housing Administration and are designed to make homeownership accessible for first-time buyers, those with less-than-perfect credit, and borrowers who need flexible down payment options. AMG is NAMB Certified (CFMP) — a credential held by fewer than 1% of originators nationwide.
2026 Program Requirements
Key Benefits
- 3.5% down payment with 580+ credit score
- Gift funds accepted for entire down payment
- Higher DTI ratios allowed vs. conventional
- Seller can contribute up to 6% toward closing costs
- Down Payment Assistance programs compatible
- Non-occupant co-borrowers allowed
- Streamline refinance available with minimal documentation
- Available for 1-4 unit properties
The Process
Credit & Income Review
We analyze your full credit profile and identify any issues that could be resolved before application.
DPA Program Matching
Colorado, Nebraska, and Florida all have active Down Payment Assistance programs. We match you with eligible programs.
Pre-Approval
FHA pre-approval with a detailed breakdown of your MIP costs and total payment.
FHA Appraisal
FHA appraisals include property condition requirements. We guide you on what to expect.
Close
Typical FHA close in 21-30 days with proper preparation.
Frequently Asked Questions
Does FHA MIP ever go away?
For loans with 10%+ down payment, MIP cancels after 11 years. For loans with less than 10% down, MIP remains for the life of the loan. Refinancing to conventional once you reach 20% equity is a common strategy.
Can I use FHA for an investment property?
No — FHA requires owner occupancy. However, you can purchase a 2-4 unit property and rent out the other units while living in one.
What is the FHA 203(k) loan?
The FHA 203(k) allows you to finance both the purchase and renovation of a home in a single loan. We offer both Standard and Limited 203(k) programs.
Ready to Get Started?
Daryl will review your scenario and provide a detailed breakdown of your options — at no cost or obligation.