Loan Programs — Government

FHA Home Loans

Government-backed financing with 3.5% down and flexible credit guidelines — priced at wholesale so you’re not paying a bank’s markup on top.

3.5%
Minimum Down
580+
Min. Credit Score
21–30
Days to Close
Who It’s For

Is this your loan?

Every program is built for a specific borrower. Here’s where this one tends to be the right call.

01
The First-Time Buyer

You haven’t owned in three years or haven’t owned at all. FHA’s lower down payment and flexible guidelines exist specifically for this situation.

02
The Credit-Rebuilder

Your score is in the 580–680 range and conventional pricing is punishing you. FHA often offers better total-cost terms at lower credit tiers.

03
The Move-Up Buyer with Limited Cash

You have equity in your current home but limited cash reserves. FHA’s low down payment requirement lets you preserve liquidity while still moving up.


The Process

From quote to keys

One point of contact, start to finish. Here’s what working with Manor looks like.

01
Scenario Review

We run your credit profile and loan scenario across our FHA wholesale lenders — surfacing the best MIP structure and rate for your situation.

02
Application & Docs

W-2s, tax returns, pay stubs, and bank statements. FHA requires 2 years of employment history — we’ll walk you through exactly what’s needed.

03
Underwriting

FHA underwriting is thorough — appraisal with minimum property standards, income verification, and reserve check. We manage the process proactively.

04
Close & Fund

CD 3 days prior. Your loan officer walks you through every line so there are no surprises at the signing table.


Common Questions

Straight answers

FHA is government-insured, which allows lenders to approve borrowers with lower credit scores and smaller down payments. The tradeoff is mortgage insurance for the life of the loan in most cases. Conventional drops PMI once you hit 20% equity. We’ll run both scenarios side by side for your situation.
Yes — 100% of the FHA down payment can be a gift from a family member. The giftor needs to provide a signed letter confirming it’s not a loan, and the transfer needs to be documented.
FHA limits are set by county and updated annually. They vary significantly based on where the property is located. Your loan officer will pull the exact limit for your county before you’re in contract.
No. FHA is available to any owner-occupant buyer or refinancer. The first-time buyer reputation is because it’s often the best fit — but it’s not a requirement.
FHA appraisals include a basic property inspection for safety and habitability — roof condition, working utilities, no major structural issues. It’s not a full home inspection, but properties in poor condition can fail. Worth knowing before making an offer on a fixer.
Get a Quote

Let’s find your best path

FHA vs. conventional is a math problem. Your loan officer will run both and show you which one costs less over your expected hold time.

  • FHA and conventional comparison included
  • No credit pull for initial scenario
  • Gift fund and down payment assistance guidance
  • Your loan officer responds personally
Tell us about your scenario

No spam. No credit pull. Your loan officer responds personally.

Got it — your loan officer will be in touch.

Expect a response within one business day. Or reach out directly at dru@manorhomes.co

Explore More

Not the right fit?

Every program is built for a different scenario. Browse the others below.