Fha Fixed Rate Loan Requirements

Since 1934, loans guaranteed by the FHAn have been a go-to option for first-time home buyers because they feature low down payments and relaxed credit requirements. The 30-year fixed rate for FHA.

Fha Required Down Payment  · Federal Housing Administration, or FHA, loans require 3.5% percent down, which can still be quite a lot of money – for a $300,000 home, that’s $10,500. But, there’s an FHA rule that allows you to get around the down payment requirement in a way.