FHA Quick Facts

FHA Loan Facts

Property Occupancy	Primary Residence and Investment Properties on Streamline Refinances
Maximum Loan to Value	96.5% Purchase and Rate/Term Refinance 95% Cash Out Refinance
Credit	No minimum credit score with alternative credit
Interest Rates	Market
Property Types	Single Family, Condo, Modular, Manufactured
Downpayment Gifts	Acceptable from family members or individuals with evidence of family like relationship
Co-Borrowers	Non occupying co-borrowers allowed
Rehab/Home Improvement	Rehab Loan Quick Facts
Loan Limits	Maryland and Virginia Loan Limits
Mortgage Insurance	.50%/year - paid monthly

Streamline Refinance	Streamline Refinance Facts
Construction	FHA Construction Loans

FHA Loan Facts

Property Occupancy	Primary Residence and Investment Properties on Streamline Refinances
Maximum Loan to Value	96.5% Purchase and Rate/Term Refinance 95% Cash Out Refinance
Credit	No minimum credit score with alternative credit
Interest Rates	Market
Property Types	Single Family, Condo, Modular, Manufactured
Downpayment Gifts	Acceptable from family members or individuals with evidence of family like relationship
Co-Borrowers	Non occupying co-borrowers allowed
Rehab/Home Improvement	Rehab Loan Quick Facts
Loan Limits	Maryland and Virginia Loan Limits
Mortgage Insurance	.50%/year - paid monthly

Streamline Refinance	Streamline Refinance Facts
Construction	FHA Construction Loans