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Flexible Home Financing for More Buyers

FHA loans are designed to make homeownership more accessible for a wide range of borrowers. Backed by the Federal Housing Administration, these loans offer flexible qualification requirements, lower down payment options, and competitive rates. At Mortgage Rates Today, we make it easy to learn about FHA loan programs and compare offers from participating lenders who are approved to provide FHA financing.
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Why Homebuyers Choose FHA Loans

  • Low down payment options starting at just 3.5%
  • More flexible credit requirements for qualified borrowers
  • Fixed-rate options for predictable monthly payments
  • Available for first-time and repeat homebuyers

How It Works

Share your homeownership goals

Tell us about your budget, property type, and financial situation.

Compare FHA loan programs

View information from multiple participating FHA-approved lenders.

Choose confidently

Review potential rates and terms before deciding which lender to contact — all with no credit impact.

Share your homeownership goals

Tell us about your budget, property type, and financial situation.

Compare FHA loan programs

View information from multiple participating FHA-approved lenders.

Choose confidently

Review potential rates and terms before deciding which lender to contact — all with no credit impact.
Explore Your Options

Frequently Asked Questions

1. What is an FHA loan?
An FHA loan is a mortgage insured by the Federal Housing Administration. It allows qualified borrowers to buy a home with a lower down payment and more flexible credit standards than many conventional loans. FHA loans are available through approved lenders who meet FHA guidelines.

FHA loans are available to U.S. citizens and permanent residents who meet income, credit, and debt-to-income requirements. They are often ideal for first-time buyers, but repeat homebuyers may also qualify if they meet the guidelines.

FHA loans require a minimum down payment of 3.5% for borrowers with a credit score of 580 or higher. Those with credit scores between 500 and 579 may still qualify with a 10% down payment, depending on lender requirements.

Yes. FHA loans include mortgage insurance premiums (MIP), which help protect the lender in case of default. You’ll pay an upfront premium at closing and an annual premium included in your monthly payment. These costs vary based on loan amount and term.

Yes. FHA refinance programs such as the FHA Streamline Refinance make it easy for existing FHA borrowers to lower their rate or monthly payment with limited documentation and faster approval times.

Start Exploring FHA Loan Options

Compare FHA programs, rates, and participating lenders in one place.

Mortgage Rates Today helps you find flexible, affordable options for your next home purchase or refinance.

No credit impact. No obligation. Just real choices for real homebuyers.

Explore Your Options