FHA Loan
FHA Loan
Requirements 2024
Requirements 2024
FHA Loan
Requirements
Low Down Payment:
Just 3.5% of the purchase price
Flexible Credit Score:
Minimum score of 580
Easier Qualification:
Ideal for first-time buyers
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FHA Credit Score Criteria
FHA
Credit Score Criteria
580 and Above:
3.5% down payment
580 and Above:
3.5% down payment
500-579:
10% down payment
500-579:
10% down payment
500-579:
10% down payment
500-579:
10% down payment
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FHA Down Payment Details
FHA
Down Payment Details
Standard Requirement:
3.5% for credit scores 580+
Standard Requirement:
3.5% for credit scores 580+
Higher Requirement:
10% for credit scores 500-579
Higher Requirement:
10% for credit scores 500-579
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Simplify Your FHA Loan Process with
ALT Financial
Simplify Your FHA Loan Process with
ALT Financial
Assistance through every step
Assistance through every step
ailored loan options for you
ailored loan options for you
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