Sunroom with Wicker Furniture


Our Federal Housing Authority (FHA) loan offers a range of down payment options based on your credit score and FHA loans allow an overall lower credit score than other mortgage options.

Highlights of our FHA Mortgages

Low Down Payment

With a down payment as low as 3.5% - an FHA loan can help with your budget as these loans allow for a lower down payment than most mortgages.

More Flexible Credit Scores

FHA allows credit scores as low as 500. You might be able to qualify for an FHA loan even if you’ve had bankruptcy or financial issues in the past.

Different Property Types

Single Family and Multi-family Units are eligible for FHA loans - but the property must be used as the borrower’s primary residence for a certain period of time.

Country Style Home

FHA Term Options

Fay Mortgage has different FHA Term options based on your budget and how long you plan to live in or own the property. 





FHA Loan Requirements

In order to be eligible for an FHA Loan from Fay Mortgage, we have a few minimum requirements you should consider.

Buying a House
  • Minimum 500 FICO 

  • Mortgage Insurance is Required

  • Loan Limits Based on Location

Apply Today

With Fay Mortgage, the process is fast. Easy. And Secure.