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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.
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icon 2  Compare rates and payments.
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View current rates

FHA mortgage rate

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

Talk to an expert.

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


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Get pre-approved for a mortgage.

A powerful pre-approval letter, signed by an underwriter, improves your chances of winning the deal.

Frequently asked questions about FHA loans

How much is FHA mortgage insurance?

Can the seller pay the homebuyer's closing costs?

See how much buying a home will cost.

Check today's mortgage rates, your monthly payment, and closing costs.
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