01
Your goal
The home or property you have in mind and the timing you’re working toward.
Flexible credit · Loan guide
FHA loans.
Start with your situation.
A government-insured option to compare when a smaller down payment or a more flexible credit profile matters.
How this program works
What changes the fit.
Utah and Idaho cities on this desk use the same person and a program that has to match the house.
FHA is a government-insured mortgage for buyers whose credit or down payment would struggle on a conventional file. The common purchase minimum is 3.5% down, and gift funds from a family member are often allowed. The cost of that flexibility is mortgage insurance. With less than 10% down, the annual premium usually lasts for the life of the loan unless you refinance out of it later.
The house has to qualify too. Condominium eligibility may involve project approval or an eligible single-unit approval. Property and appraisal requirements also apply. If conventional pricing is close, run both payments before you pick the smaller down payment.
Who this may fit
Thinner credit or a smaller down payment.
What to discuss
- 3.5% down with a usable credit profile
- Gift funds are often allowed
- Condos and townhomes when the project qualifies
From an option to a plan
Three things to bring.
A first conversation can help you understand the details before a full application.
02
Your income picture
How you earn, what documentation you have, and the monthly payments already in your budget.
03
Your funds
The down payment, reserves, and closing-cost budget you want to work with.
Program availability, terms, and eligibility depend on the lender and your complete application. This overview is not a commitment to lend.
A real person. A clear next step.
Let’s talk about FHA.
Bring your questions and the numbers you’re working with. Brandon will help you understand the options and decide what comes next.
Brandon MaughanUtah & Idaho · 8am–8pm MT
Keep the comparison open