Only 3.5% Down Payment Required

Arizona FHAHome Loans

Buy a home in Phoenix, Tucson, or anywhere in Arizona with as little as 3.5% down. Flexible credit requirements and gift-fund-friendly — making homeownership real for first-time buyers and credit-rebuilders alike.

3.5%
Down Payment
580+
Credit Score
43%
Max DTI
Get Pre-Approved(602) 753-9600
FHA Approved Lender
10,000+ Arizona Families Served
A+ BBB Rating
Program Overview

What is an FHA Loan?

An FHA loan is a mortgage insured by the Federal Housing Administration (FHA). Designed to help first-time homebuyers and those with less-than-perfect credit, FHA loans require lower down payments and offer more flexible qualification standards than conventional mortgages.

Because the government insures the loan, lenders can offer better rates and terms to borrowers who might not qualify for other loan programs.

Want the full breakdown of how FHA loans work? Read our in-depth FHA loan guide for an educational overview.

Couple reviewing FHA loan documents with mortgage advisor
Why Choose FHA

FHA Loan Benefits

See why thousands of Arizona families have used FHA financing to get the keys to their first home.

Low Down Payment

Put just 3.5% down on your Arizona home purchase with a credit score of 580 or higher — keeping more cash in your pocket at closing.

Flexible Credit Requirements

Credit scores as low as 580 are accepted for the 3.5% down option. Scores between 500–579 may still qualify with 10% down.

Gift Funds Allowed

Your entire down payment can come from a gift from a family member or employer — a major advantage for Arizona buyers without large savings.

Seller Contributions

In competitive Arizona markets like Maricopa County, sellers can contribute up to 6% of the purchase price toward your closing costs — reducing out-of-pocket expenses.

Competitive Rates

FHA's government backing gives lenders more confidence, which typically translates to better rates than you'd get with a similarly sized conventional loan at the same credit tier.

Assumable Loans

FHA loans are assumable — a future buyer can take over your loan at your original rate, which can be a powerful selling point in a rising-rate environment.

Happy first-time homeowner with keys to new home
Qualification Guide

FHA Loan Requirements

Credit Score Requirements

A minimum 580 credit score qualifies you for the 3.5% down option. Scores between 500–579 may still be eligible with a 10% down payment.

Down Payment

As little as 3.5% down is required. Your entire down payment can come from gift funds provided by a family member, employer, or approved charitable organization.

Debt-to-Income Ratio

Maximum 43% DTI in most cases. Borrowers with strong compensating factors — such as significant cash reserves — may qualify up to 50% in some scenarios.

Employment History

Two years of steady employment or verifiable income history is typically required. Recent graduates, seasonal workers, and self-employed Arizonans may still qualify — ask us.

Property Requirements

The property must be your primary residence and pass an FHA appraisal confirming it meets minimum safety and livability standards — protecting your investment from day one.

Mortgage Insurance

FHA requires a one-time upfront MIP of 1.75% (financeable into the loan) plus an annual MIP paid monthly. This is what allows FHA to offer lower down payment and credit flexibility.

FHA Loan FAQ

Common questions about FHA mortgages in Arizona

Start Your Homeownership Journey

Ready to Apply for an FHA Loan?

Our Arizona FHA specialists can get you pre-approved in as little as 24 hours. Start your application online or call us — we'll walk you through every step.

Apply Online Now(602) 753-9600