FHA Loan

At NASB we can help you get pre-approved, pre-qualified and apply online for an FHA loan with the the best rates available so you can get into your dream home.

Call us 855-465-0753 

Key Features

Credit requirements not as stringent as conventional loans

FHA loans require only a 3.5% down payment

Friendlier debt ratios than other loans

Want help from a human?

Answer a few simple questions and choose your preferred contact method to get personalized recommendations — just for you, right from our experts.

What type of loan are you looking for?
Step 1

By clicking the Submit button you agree that you are providing an electronic signature expressly authorizing NASB to contact you by telephone at any of the telephone number(s) provided above using an automatic telephone dialing system or an artificial or prerecorded voice or via text/SMS message, even if the telephone number is assigned to a cellular telephone service or other service for which the called party is charged. NASB may also contact you via email using any email address you provided. This authorization overrides any previous registration on a federal, state or corporate Do Not Call Registry or any internal NASB privacy or solicitation preference you have previously expressed. You are not required to provide this authorization as a condition of purchasing any property, goods or services from NASB. As an alternative, you may call us directly at 866-627-7119 and we will process your request over the phone.

Making home buying easier with an FHA loan.

An FHA loan is of the best mortgage solutions for the credit-challenged and first time home buyer. FHA loan guidelines were created to help those with difficulty getting conventional loans, with lower credit score requirements, plus a low 3.5% down payment option. As long as you meet the minimum credit score, debt-to-income ratio, and other necessary eligibility requirements, you could be FHA pre-approved and pre-qualified and on your way to home ownership. Earning the privilege to lend FHA loans is a responsibility we take seriously. That's why as an FHA-approved bank, we adhere to a high level of lending standards.

FHA Loan Guidelines & Requirements

  • You must have a valid Social Security number and be a legal resident of the United States
  • You'll need to have steady employment history
  • A down payment of at least 3.5% is required for a credit score of 620 or higher. However the money can be gifted from a family member
  • FHA loans are only available for a primary residence
  • The property must be appraised by a FHA-approved appraiser and needs to meet certain standards
  • The front-end ratio (mortgage payment plus homeowners association fees, property taxes, mortgage insurance, home insurance) will need to be less than 31% of your gross monthly income
  • Monthly debts (credit card payments, car payment, student loans, etc.) need to be less than 43% of gross monthly income
  • Prior foreclosures need to be season over 36 months and you need to have re-established good credit
  • Prior Chapter 7 Bankruptcies need to be seasoned over 24 months since the discharge date
  • Prior Chapter 13 Bankruptcy – FHA allows to be not discharged as long as they have satisfactorily made 12 months of payments of the payout period
  • Here's the answers to common FHA loan questions.
  • Learn the process and what you need to apply.
  • Easy-to-understand answers with additional content links.
  • Get the most up-to-date rates available.
  • For purchase or refinance, all loan types.
  • 15-year and 30-year term options.
Cindy L.
My experience with NASB was exceptional. Everyone went above and beyond. They made the transition from applying for a loan to finalizing very easy and stress free.

Local banking. National lending.

More than $18 billion in home loans in the last decade

Based on lender data

More than 67,000 home loan customers in the last decade

Based on lender data

99% of customers would recommend NASB

Based on 2,615 NASB closed loan customer surveys from 1/1/2018 to 5/28/2019

Nationally competitive products. Individualized service.

product-bg