Program Description

This program can help individuals buy a single family home. While U.S. Housing and Urban Development (HUD) does not lend money directly to buyers to purchase a home, Federal Housing Administration (FHA) approved lenders make loans through a number of FHA-insurance programs.

Program Requirements

Home buyers or current homeowners who intend to live in the home and are able to meet the cash investment, the mortgage payments, eligibility and credit requirements, can apply for a home mortgage loan through an FHA-approved lender.

Loan Terms

Please contact an FHA-approved lender for loan term information.To find an approved lender, please visit the HUD lender list.

Additional Information

Additional Information
Max Loan Length30 years
Interest RateMarket
Max Loan AmountBased on area loan limit
Payment FrequencyMonthly
Prepayment PenaltiesNot permitted
Loan Categories
House loans
Housing Loans