3.5 percent with qualifying credit, with larger down payment requirements for lower-score scenarios.
Loan Programs
FHA loans built for first-time buyers and borrowers who need flexibility
TopOne Mortgage helps buyers use FHA financing with clear expectations around credit, mortgage insurance, and closing strategy so they can move forward with confidence.
FHA loans are government-backed mortgages that can help buyers qualify with a lower down payment and more flexible credit standards. They are especially useful for first-time buyers, borrowers rebuilding credit, or clients who need a more forgiving path than conventional financing provides.
Common FHA approvals often begin around a 580 score, though other factors still matter.
Automated approvals can often stretch higher than conventional loans depending on compensating factors.
FHA loans include both upfront and annual mortgage insurance.
Why Borrowers Choose This Program
FHA Loan advantages at a glance.
- Low entry point for qualified first-time buyers.
- Helpful option for borrowers with limited or recently repaired credit history.
- Seller concessions can often help cover more closing costs than they can on some conventional structures.
- Works well with many gift-fund and down-payment-assistance strategies.
- Strong fit for owner-occupied homes across MD, VA, and DC.
Frequently Asked Questions
Helpful detail before you apply.
Who is an FHA loan best for?
FHA is often ideal for first-time buyers, borrowers with lower down payments, or clients whose credit profile does not yet fit conventional pricing well.
Does FHA require mortgage insurance?
Yes. FHA loans include upfront and annual mortgage insurance premium requirements.
Can gift funds be used with FHA?
Often yes, and FHA can be especially flexible when family support is part of the closing strategy.
Can FHA be refinanced later?
Yes. Many borrowers later review conventional or FHA streamline refinance options once rates, equity, or credit profile improve.
Start The Process
Tell us a bit about your FHA Loan scenario.
We will review your information, organize next steps, and tell you which documents will move the file forward fastest.
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