FHA loans can make homeownership possible
Start your FHA mortgage preapproval in minutes. No commitment. No credit impact.
Guaranteed on-time closing or get $5,000
If you're buying a new home, you may be eligible for our Chase Closing Guarantee. We promise an on-time closing for eligible products in as soon as three weeks or you'll get $5,000, if you qualify.
Chase FHA Mortgage Rates
Explore rates
FHA calculator
Want to know mortgage rates for purchase?
Please tell us your ZIP code to see your local rates.
Chase by the numbers.
- We service 3 million+ households
- Over 2 million customers chose us to finance their mortgage
- 8,700+ Zillow® customers rated our Home Lending Advisors an average of 4.9 stars
- 2025 MortgagePoint Lending Excellence Award Winner
Frequently asked questions
An FHA loan is a mortgage loan offered by an FHA approved lender and insured by the Federal Housing AdministrationOpens overlay. Because they’re insured by the FHA, these types of loans allow flexible credit requirements and may be easier for a customer to qualify. And with low down payment options, FHA loans can be an affordable option for many buyers. Learn more about the benefits of FHA loans.
An FHA loan requires as little as 3.5% down, making it an appealing option for both first-time homebuyers as well as anyone wanting to put less money down upfront. FHA also permits a variety of options to use for the 3.5% minimum down payment including but not limited to gifts, and select grants. Learn more about how to decode fha loan down payments.
To qualify for an FHA loan, you typically need:
- A credit score that meets the minimum requirement, which varies by lender
- Satisfactory repayment history on existing debts
- No history of bankruptcy in the last two years
- No history of foreclosure in the past three years
- A debt-to-income ratio of less than 43%
- Proof of steady income
- The home must be used as your primary residence
Other Mortgages with low down payment options
Chase DreaMaker℠ mortgage,
A DreaMaker mortgage has down payment options as low as 3%, flexible credit guidelines and income limits.
Standard Agency Mortgage ,
A standard agency loan has down payment options as low as 3% and is a good options for people with higher credit scores.
VA Loans
A VA loan offers low or 0% down payment options and has no monthly mortgage insurances requirement.
Tune in to our podcast
Homeownership: Why it matters
Knowledge is power during the homebuying process.
Are you ready for homeownership?
Buying a home begins before you start shopping.
How much can you afford?
Be ready for the true cost of your new home.