FHA Mortgage Program
A streamlined FHA 203(b) program for W-2 wage earners with high credit scores, offering competitive pricing for DU approved loans.
Underwriting at a glance
- Minimum FICO
- 700+
- Max LTV (purchase / rate-term)
- -
- Max LTV (cash-out)
- -
- Loan amount
- -
- Documentation
- full-doc
- States
- most states
Highlights
- •Up to 50 BPS pricing improvement
- •Requires 2 years at same job
- •Front ratio up to 40% and total ratio up to 45%
- •DU Approved/Eligible required
- •No manual downgrades
- •Gifts and DPA funds not permitted
- •No bankruptcy or foreclosure history
Want to see if you qualify?
Tell us about your scenario - we'll come back with current pricing and exact guidelines.
Program guidelines and rates can change at any time without notice. Last confirmed 5/16/2026. Not a commitment to lend.
Today's mortgage rates
Conventional
5.875%
5.906% APR
FHA
5.375%
5.405% APR
VA
5.375%
5.402% APR
Conv: 80% LTV, 780 FICO. FHA: 96.5% LTV, 680 FICO. VA: 100% LTV, 680 FICO. 30-yr fixed. Your rate may vary.