FHA Loans in Phoenix

FHA loans are one of the most popular options for homebuyers in Phoenix—especially first-time buyers or those with less-than-perfect credit. Backed by the Federal Housing Administration, these loans offer flexible guidelines, lower down payments, and a smoother path to homeownership.

If you’re buying your first home, recovering from past credit events, or just want a low down payment, an FHA loan may be a great fit. We make the process simple and fast, with no overlays and full approval flexibility—even for clients with higher debt-to-income ratios or manual underwriting needs. [See if an FHA loan fits your situation.]

FHA Loan Highlights

• Down payments as low as 3.5%

• Flexible credit requirements

• Manual underwriting available

• Gift funds allowed for down payment and closing costs

• Streamline refinance options for current FHA borrowers

• Available for single-family, condo, or approved multi-unit properties

FHA Loans Work Well For

• First-time buyers

• Renters with stable income but low savings

• Buyers with recent credit challenges

• Families using gift funds or DPA

• Buyers looking to maximize affordability in a rising market

Phoenix’s housing market continues to grow, especially in areas like Laveen, Maryvale, Tolleson, West Phoenix, and South Mountain Village—where FHA loans are frequently used for their affordability and relaxed credit requirements. [Start your FHA pre-approval now.]

Down Payment Assistance Options

In Phoenix, FHA loans can often be combined with approved Down Payment Assistance (DPA) programs. These may help cover some or all of your upfront costs, making homeownership even more attainable.

We can walk you through your options, including:

• CHAC (Colorado Housing Assistance Corp — if relocating)

• Chenoa Fund

• NHF (National Homebuyers Fund)

• Local housing authority offerings (restrictions may apply)

FHA vs. Conventional Loans

FHA loans are more forgiving on credit but require mortgage insurance. Conventional loans may be better for those with stronger credit and larger down payments. We’ll help you compare both options based on your goals. [Let’s compare your loan options today.]