More buyers.
More ways into the home.
FHA financing helps eligible borrowers who may not qualify for conventional financing. AREG discusses purchase, rate/term, and cash-out refinance paths, including single- and multi-wide manufactured homes where eligible. Typical program highlights include loan-to-value conversations up to 97.75%, flexible credit and DTI review, assumability for future buyers, and streamlined refinance options. Ask how FHA’s full payment—including mortgage insurance—compares with other programs for your scenario.
- Purchase, rate/term, and cash-out refinance conversations
- LTV discussions up to 97.75% where eligible
- Manufactured-home and assumable-loan conversations when applicable
What should I know first?
FHA financing helps eligible borrowers who may not qualify for conventional financing. AREG discusses purchase, rate/term, and cash-out refinance paths, including single- and multi-wide manufactured homes where eligible. Typical program highlights include loan-to-value conversations up to 97.75%, flexible credit and DTI review, assumability for future buyers, and streamlined refinance options. Ask how FHA’s full payment—including mortgage insurance—compares with other programs for your scenario.
Have these details ready.
Starting information only. Your lender determines final documentation. Send sensitive documents only through the secure process your loan team provides.
- Property state, occupancy, expected price or value, and requested loan amount.
- Income and credit information for the household applying.
- Identification and asset documentation through the secure process your loan team provides.
- For refinance: current mortgage statement and reason for refinancing.
Before you take the next step.
What LTV and property types can FHA cover?
AREG discusses FHA purchase and refinance options with LTV conversations up to 97.75% where eligible, including single- and multi-wide manufactured homes. Jumbo FHA starts just over the conforming limit up to the applicable FHA mortgage limit. Confirm current limits for the property.
Is FHA only for first-time buyers?
No. Ask the team to review eligibility, occupancy, existing obligations, and the property. It is not limited solely to first-time homebuyers.
Why do realtors often like FHA timelines?
FHA files can move quickly when complete and eligible—AREG notes many close around a 10-day target in competitive markets. Targets are not guarantees; underwriting and conditions still apply.
What costs should I include in the comparison?
Ask for principal and interest, property taxes, homeowners insurance, association dues when applicable, and the program’s mortgage insurance costs.
A question shouldn’t
slow down a closing.
Brooke and John are here for the “can we?” questions. Bring a loan scenario, ask what to collect, or get help choosing your next step.
See the document checklists ↓
Published 2026-10-28 · Prepared for AREG’s mortgage education library. Program eligibility and pricing require individual review.
Program background from the official source ↗Source guidance explains concepts; it is not a commitment by AREG to offer every listed lender term.