How to Qualify for FHA Home Loans

Learn all about the benefits of FHA home loans. Find out how to qualify for a FHA loan and
whether it's the right loan for you.

Talk to a Mortgage Banker


An FHA (Federal Housing Administration) loan is a federally insured mortgage thatís financed through lenders, such as Discover Home Loans. These loans are unique because they are backed by the government and are available as either a fixed or adjustable rate mortgage.

Get a government insured loan with no pre-payment penalties with Discover Home Loans!

See our Fha mortgage rates here

To learn more about FHA home loans and rates and see if youíre eligible, talk to a dedicated mortgage banker today at

Because FHA mortgages are federally insured they can also offer the following benefits:

  • Lower up-front cash required for a down payment - down payment options as low as 3.5% of the house value
  • A relative can provide down payment funds as a gift
  • More flexible income and credit requirements
  • Sellers can contribute up to 6% of the purchase price as a credit towards your closing costs
  • Need more help? A co-applicant can help you qualify even if they do not reside at the home