What is an FHA loan?

Real EstateWarren TeamPublished April 25, 2026

Quick answer

An FHA loan is a mortgage insured by the Federal Housing Administration. Low down payment (3.5% with 580+ FICO; 10% with 500-579), flexible credit, but requires mortgage insurance (MIP) for the life of the loan if put down less than 10%.

FHA loan key requirements and features.

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