FHA Loans

Better Than Big Names, Shopped from Hundreds!

At Lightning Loans, our FHA Loans get you the best rates from hundreds of lenders, bypassing the high costs of Quicken, Better Mortgage and others.

500

Minimum Credit Score

57%

Maximum Debt To Income

96.50%

Maximum Loan To Value

$822k

Maximum Loan Amount

With FHA loans, you only need a 3.5% down payment to secure your mortgage.

Even with a credit score as low as 580, you can still qualify for an FHA loan.

We offer FHA loans at lower interest rates and fees compared to big mortgage houses like Quicken Loans or Rocket Mortgage.

FHA loans require both an upfront and annual mortgage insurance premium.

The maximum amount you can borrow with an FHA loan is determined by the county in which you live.

Verify Eligibility

Our experts will help you determine your eligibility for an FHA loan, considering your credit score, down payment, and other factors.

Review Loan Amounts

We'll review the FHA loan limits in your area to ensure this option fits your home buying or refinancing needs.

Discuss Mortgage Insurance

While FHA loans require mortgage insurance, we'll discuss how this affects your monthly payments and long-term costs.

Explore Other Loan Options

If an FHA loan doesn't seem like the right fit, we have many other mortgage options to explore.