FHA loans are a great option for first-time homebuyers or those with less-than-perfect credit. Features include:

  • Terms
  • Fixed rate Term 15 and 30 years*
  • Credit History
  • Minimum two years' history
  • Credit Score Minimum
  • 620 (FHA)
  • Down Payment
  • As low as 3.5% (FHA)
*Payment Sample: Pay $4.92 per month per $1,000 borrowed at 4.25% APR for 30 years. Payment samples exclude impound items such as taxes and insurance. Actual payments will be higher. Rates shown accurate as of 9/24/2024; subject to change without notice. See kpcu.com/Loans/Home-Loans/Pricing-First-Mortgage-Loans for current available rates.

FHA is available in all states except Alaska, Arizona, Hawaii, Massachusetts, New York, Rhode Island, Vermont, Virginia and Washington, DC. Primary residence only. Manufactured homes not eligible.

Federal Housing Administration (FHA) loans require taxes and insurance to be impounded per month. Private mortgage insurance required. FHA maximum mortgage loan limit based on loan limits for specified Metropolitan Statistical Area as defined by U.S. Department of Housing and Urban Development (HUD). FHA insured loans are backed by the United States government.