Why you may benefit from an FHA home loan

At Caliber Home Loans, we believe that it’s important to provide a range of lending solutions that fit all types of buyers. That’s why we offer FHA loans – because they can be a smart choice for buyers with limited funds and marginal-to-average credit. The Federal Housing Administration (FHA) was created in 1934 to make it easier to purchase a residence or facility, even for buyers with limited capital and/or imperfect credit.

FHA loans are partially insured by the government, which reduces a lender’s risk and makes qualifying for the loan simpler. That means you may be able to make that purchase investment much sooner than you hoped. Give us a call and we’ll walk you through everything you need to know to find out if this is the right solution for you.

Key Features and Benefits of FHA Home Loans:

    • You may qualify to buy with a low, 3.5% down payment.
    • Credit scores from 620 are allowed for fixed-rate loans.
    • Both fixed-rate and adjustable-rate mortgages (ARMs) available.
    • You may finance a single-family home, 2-4 unit property, modular home, condominium or a Planned Unit Development (PUD) property.
    • Temporary buydowns may reduce your initial interest rate for 1-2 years.

Already have an FHA loan? You may have options to lower your payment, read more here or contact a Caliber Loan Consultant to learn more!

Estimate your monthly payment

Update the information below to estimate your monthly payment

/ year
/ year

Private Mortgage Insurance typically costs between 0.5% to 1% of the entire loan amount over 80% LTV on an annual basis.

/ year

Your Monthly Payment


Your Payment

Monthly Principal & Interests : $1145.80

Monthly Real Estate Taxes : $316.67

Monthly Insurance : $66.67

Monthly PMI : $0.00

Total Monthly Payments : $1529.13

Additional Information

Loan To Value Ratio : 80.00%

Months With PMI : 0 months

CHL MOBILE APP_login screen-01.png
Easy Map Locators

Find a Loan Consultant near you.