FHA Home Loans for First-Time and Repeat Buyers
Homeownership, within reach.
For many first-time buyers, an FHA loan is what makes owning a home possible. Its flexible requirements open the door for those just getting started.
First-Time Homebuyers
Your first home, one step at a time.
It starts with understanding what you can comfortably afford. From there, we move through each step together, from your first conversation to the moment you get your keys. You'll always know what comes next.
Buying a Home with an FHA Loan
A smaller down payment.
An FHA loan typically needs less money up front than many other loans, and family members can help with a gift toward that amount.
FHA Refinance Options
Refinance with flexibility.
If you already have an FHA loan, a streamline refinance can lower your rate or monthly payment with less paperwork. A cash-out refinance can turn part of your home's value into money for repairs, debts, or other plans.
FHA Loans and Divorce
A loan that can change hands.
Many FHA loans can be assumed, which means one spouse may be able to keep the existing loan and its interest rate instead of starting over. Whether that works depends on the lender's approval and how the settlement is written.
Explore divorce mortgage planning →
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Frequently Asked Questions About FHA Loans
What is an FHA loan?
An FHA loan is a home loan backed by the Federal Housing Administration. That backing gives lenders room to be more flexible, which is why so many people buying their first home start here.
How much do I need to put down for an FHA loan?
An FHA loan is known for needing less money up front than many other loans. The exact amount depends on your credit and the home you choose, and it's one of the first things reviewed together, so there are no surprises.
Do I need perfect credit for an FHA loan?
Perfect credit isn't the goal. FHA loans leave room for real life, so your credit is looked at together with your income and monthly bills. If anything needs a little work, you'll hear about it early, along with the steps that can help.
Do FHA loans have mortgage insurance?
FHA loans include mortgage insurance, which is part of what makes the program possible for buyers putting less money down. There's a one-time cost that can usually be added to the loan, plus a small amount included in your monthly payment. You'll see every dollar of it before you decide anything.
Can family help me with my down payment?
Family members can often give money toward your down payment and closing costs. A short letter confirming it's a gift, not a loan, is usually part of the process, and that paperwork is handled with you step by step.
What is an FHA streamline refinance?
If you already have an FHA loan, a streamline refinance can lower your rate or payment with less paperwork than a standard refinance, and often without a new appraisal.
What does it mean to assume an FHA loan?
Assuming a loan means taking over someone's existing mortgage, including its interest rate, instead of getting a new one. Many FHA loans allow this when the new borrower qualifies and the lender approves. When the existing rate is lower than today's rates, that can be a real advantage.
Is an FHA loan only for first-time buyers?
FHA loans are open to both first-time and repeat buyers. The main requirement is that you'll live in the home as your primary residence.
Where does Julie Crittenden offer FHA loans?
Julie Crittenden offers FHA loans in California, Arizona, Colorado, Florida, Mississippi, Oklahoma, Tennessee, Washington, and Wisconsin.
