An FHA loan is a government-backed mortgage insured by the Federal Housing Administration.

FHA loans are available for people with credit scores of 580 or higher with down payments as low as 3.5%. FHA loans are federally backed mortgages designed for low-to-moderate income borrowers who may have lower than average credit scores.

FHA loans require lower minimum down payments and credit scores lower than many conventional loans.

This loan is a great option for people whose credit scores are 580 and higher, and who have a 3.5% down payment.

You can trust Capital Federal Credit Union to guide you to the best FHA mortgage loan product for your needs.