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FHA loan

Rely on NewCastle Home Loans for a more affordable and less complicated FHA mortgage. 

Get your offer accepted
Lower rate and monthly payment
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Small down payment of 3.5% of the purchase price
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Easier approval - credit score of 580 or higher
Estimate your monthly payment based on current FHA mortgage rates. Then, see how much buying a home will cost so you can start planning.
icon 1  Enter the basics.
icon 2  Compare rates and payments.
icon 3  Personalize to see all the details.

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FHA mortgage rate

See how the FHA 30-year fixed-rate mortgage has performed recently.

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Ask questions, get straight answers, and find out how to start on your home loan.


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Property type FHA loan limits 2024
Single family, condominium, or townhome
2-unit, multi-family home
3-unit, multi-family home
4-unit, multi-family home


Down payment for FHA loan

Buy a 1-to-4 unit home with a down payment of only 3.5% of the purchase price. Homeownership can be surprisingly affordable and simple.
Property type Minimum down payment as a percent of the purchase price
1-to-4 units: single-family, condo, townhome, or multi-famly home

FHA loan credit score

Get the financing you need to purchase now, even if you have a few bumps in your credit history. 
  • Lower credit score requirements - 580 or higher
  • Shorter waiting period after a major event such as a foreclosure
  • Easier to qualify with debt, such as student loans and credit cards


Your home loan starts with a verified pre-approval.

A powerful pre-approval letter from NewCastle Home Loans improves your likelihood of winning the deal.


Get pre-approved

Frequently asked questions about FHA loans

How much is FHA mortgage insurance?

Can the seller pay the homebuyer's closing costs?

See home much buying a home will cost.

View the current interest rate and monthly payment for an FHA loan.


View current rates