FHA Loans

An FHA loan is a mortgage insured by the Federal Housing Administration. FHA loans offer down payment options as low as 3.5% in addition to a less stringent qualification. To protect lenders from a loss if the borrower should default, mortgage insurance is required on all FHA loans.

For eligible borrowers, FHA loans offer lower down payment options with flexible credit score requirements. This is typically a good option for first-time homebuyers but is available to all eligible borrowers.

Your FHA Loan

Ideal for:

  • First-time homebuyers
  • Borrowers with low-to-moderate incomes
  • Borrowers with lower credit scores


  • Down payments as low as 3.5%
  • Various property types qualify, including single-family, condos, and manufactured homes
  • Fixed and Adjustable-Rate Mortgage (ARM) Terms Available
  • Financing up to 96.5% of purchase price
  • Flexible qualification requirements

This is for informational purposes only and not an offer to lend or extend credit. Subject to credit and income approval. Terms and conditions are subject to change without notice.*

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Your total monthly payment

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The results displayed above are only estimates and cannot be used to determine actual loan cost or be used as a guarantee. Please consult your loan consultant for an official estimate.


Conventional Loans

+One of the most common loan programs that offers competitive interest rates and requires...

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VA Loans

+Offering Veterans, US Military service members and eligible surviving spouses benefits t...

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FHA Loans

+Insured by the Federal Housing Administration. Offers down payment as low as 3.5% in add...

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Rural Housing Loans (USDA)

+Government backed loans, lending up to 100% of the home’s appraised value. Qualifying ...

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Jumbo Loans

+Gershman Mortgage offers loan programs for loan amounts greater than the high balance lo...

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First Time Home Buyer

+As part of our commitment to provide the best residential home loans for our customers, ...

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