FHA Mortgage Program

FHA purchase loan program for primary residences with flexible credit requirements and options for manual underwriting.

Underwriting at a glance

Minimum FICO
550+
Max LTV (purchase / rate-term)
96.5%
Max LTV (cash-out)
-
Loan amount
$75,000 - ?
Documentation
full-doc
States
AZ, CA, GA, IL, MA, MO, RI, NJ, VA, AK, AL, AR, CO, CT, DC, DE, FL, HI, IA, ID, IN, KS, KY, LA, MD, ME, MI, MN, MS, MT, NC, ND, NE, NH, NM, NV, OH, OK, OR, PA, SC, SD, TN, TX, UT, WA, WI, WV, WY, VT

Highlights

  • 550 FICO with 90% LTV
  • 580 FICO with 96.5% LTV/CLTV
  • Manual underwriting available with max 43% DTI
  • Adjustable Rate Mortgage options available
  • 3 months PITIA reserves for 3-4 unit properties
  • Non-occupant co-borrower allowed
  • Manufactured homes allowed
  • Adjustable rate mortgage options available
  • Non-Occupant Co-Borrower allowed
  • Manufactured Homes allowed
  • Non-occupant co-borrowers allowed per FHA guidelines
  • 550 FICO with 90% LTV available
  • 580 minimum FICO with 96.50% LTV/CLTV
  • Non-Resident Aliens eligible
  • 1-4 units for primary residence only
  • Loan amounts starting at $75,000

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 9/2/2026. Not a commitment to lend.

Today's mortgage rates

Conventional

6.250%

6.288% APR

FHA

5.750%

5.780% APR

VA

5.750%

5.780% APR

Conv: 80% LTV, 780 FICO. FHA: 96.5% LTV, 680 FICO. VA: 100% LTV, 680 FICO. 30-yr fixed. Your rate may vary.

Have a term sheet or loan estimate?

Upload a competing offer. We'll show you what we can save you.

Backed by a $2,000 Best Price Guarantee. Terms

Not ready to apply?

No pressure. Reach out with your scenario and we'll get back to you with a same-day response.

Jennifer Kirby

Rate Direct is run by Jennifer Kirby. Every loan is originated personally through Loan Factory Inc. Every email, text, and call comes from us directly, and we never sell your information.

NMLS# 2672337 Loan Factory Inc., NMLS# 320841

jennifer@ratedirect.netjennifer.kirby@loanfactory.com

Backed by Loan Factory's $2,000 Best Price Guarantee

Find a lower rate elsewhere? We'll beat it or pay you $2,000. Send your competing Loan Estimate and we'll return a side-by-side comparison the same day.