FHA Loan Resources
Find expert guidance and tools to help you buy or refinance with an FHA loan.
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LendingTree’s FHA loan guide
FHA loans can offer a path to homeownership if you have limited savings or a lower credit score. Use the quick links below to explore the FHA loan resources on this page:
Explore loan types
Learn about conventional and government-backed mortgage programs to find out which may fit your homebuying goals.
Mortgage rates and market insights
Follow current mortgage rate trends and understand the factors that can affect your rate.
Tools and calculators
Estimate your mortgage payment, compare renting versus buying and plan for your next move.
Expert guides and advice
Learn how to shop for a mortgage and navigate the different stages of the homebuying process.
Lender reviews and our top picks
Research mortgage lenders and explore borrower requirements.
Explore FHA mortgage loan types
Compare options
Explore FHA loan limits in your area and nationwide.
Reverse mortgage vs. home equity loan or HELOC
Evaluate whether a reverse mortgage or a second mortgage makes more sense for you.
Is It Better to Rent or Buy a House?
Explore the factors to consider when deciding on renting versus buying a home.
Mortgage rates and market insights
Current average rates
30-YEAR FHA MORTGAGE RATES
are averaging:
6.81%
Current average rates are calculated using all conditional loan offers presented to consumers nationwide by LendingTree’s network partners over the past seven days for each combination of loan program, loan term and loan amount. Rates and other loan terms are subject to lender approval and not guaranteed. Not all consumers may qualify. See LendingTree’s Terms of Use for more details.30-YEAR FHA REFINANCE RATES
are averaging:
6.58%
Current average rates are calculated using all conditional loan offers presented to consumers nationwide by LendingTree’s network partners over the past seven days for each combination of loan program, loan term and loan amount. Rates and other loan terms are subject to lender approval and not guaranteed. Not all consumers may qualify. See LendingTree’s Terms of Use for more details.Mortgage market insights
- Home affordability is fairly low, as home prices and FHA interest rates remain elevated.
- Nationwide, the vast majority of metro areas are currently buyer’s markets.
- Comparison shopping can save buyers more than $62,500 over the life of a 30-year loan, according to a LendingTree analysis.
Explore this month’s mortgage rate predictions.
Mortgage Rate Trends
Rate trend chart
Rate summary
| Loan Type | Avg. APR | 3 Month Diff. |
|---|---|---|
| 30 Year Fixed | 7.30% | 0.44% |
| 15 Year Fixed | 6.41% | 0.29% |
| 5/1 ARM | 6.93% | 0.36% |
LendingTree mortgage calculators
Expert guides and advice
LendingTree mortgage lender reviews and our top picks
A statistical bird’s eye view of the U.S. mortgage market.
Ready to compare?
How to get banks to compete for your business with LendingTree
Shopping for a home loan shouldn’t mean filling out tons of applications. With one form, compare rates from our network of vetted mortgage lenders — when banks compete, you win.
1. Tell us what you need
Take two minutes to tell us about yourself, your home and when you need the loan.
2. Shop your offers
If you qualify, we’ll send you offers from up to five lenders from the nation’s largest lender network.
3. Buy your home
You’ll choose the lender that fits your budget and needs and send in a formal application. They’ll loan you the money for your home if you’re approved.
Frequently asked questions
You only need to put down 3.5% if you have a 580 credit score or higher. If you have a score between 500 and 579, you’ll have to put down at least 10%.
At minimum, you’ll need enough funds to cover the down payment and closing costs. You have the option to pay the upfront mortgage insurance premium with your closing costs or finance it into the loan.
There’s no single answer to which loan program is better — which one is best for you depends on your financial situation. If you have strong credit or a large down payment, a conventional loan may make more sense. On the other hand, if you have a lower credit score or a slimmer down payment fund, an FHA loan can make more sense.