FHA Loans

FHA loans provide a lot of flexibility for buyers. These loans are not as rate sensitive and are more forgiving to credit issues, higher debt ratios, and other common elements of the loan process. FHA loans are a common loan product and are not just for credit-challenged or first-time homebuyers.

Find the perfect home loan

Benefits of FHA Loans

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Low Down Payments

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More Lenient Credit Guidelines

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Higher Debt to Income Ratios Allowed

Find out what you qualify for.

FHA Loan Requirements

  • Minimum Down Payment for FHA?
    • 3.5%
  • Minimum Credit Score
    • 580
  • Max loan amount?
    • Varies depending on county
  • Only for primary occupied properties
  • Others based on guidelines

Getting Started is Simple

Meet with a Loan Officer

Click the “Get Started” button on the top right corner of this page and fill out the form. Once receive your form, a Loan Officer will review it before reaching out to gather more information about your specific situation.

Get Pre-Approval

You will provide us with some documentation and start your application. We will use that information to provide you with a formal pre-approval letter so you know how much home you qualify for.

Start Looking for Your Dream Home

Now you can get with your Realtor to find your dream home and put in a strong offer. We provide a variety of different programs to help your offer stand out.

Learn more about FHA Loans

Frequently Asked Questions

The minimum FHA credit score in North Carolina is generally 580 for the 3.5% down payment option. Borrowers with scores from 500 to 579 may qualify with a 10% down payment, subject to lender guidelines and underwriting requirements.

For 2026, the FHA loan limit for a one-unit property in Mecklenburg County, including Charlotte, is $541,287. FHA limits vary by county and property size, so buyers should verify the applicable limit for their specific property.

FHA mortgage insurance premiums may last 11 years or the full loan term, depending on your original loan-to-value ratio and mortgage term. For many FHA borrowers putting less than 10% down, MIP generally remains for the life of the loan.

FHA loans can offer more flexible credit requirements and a 3.5% down payment, while conventional loans may offer cancellable PMI and flexible financing options. Compare credit, down payment, mortgage insurance, loan limits, and long-term costs.