FHA loans
FHA loans can open the door to homeownership with flexible credit guidelines and lower down payment options. I'll help you see if one fits.
How an FHA loan can help
| FHA | Conventional | |
|---|---|---|
| Credit | More flexible guidelines | Usually fits solid credit best |
| Mortgage insurance | Upfront and annual premiums; many loans keep it for the life of the loan | Can be avoided or removed in many cases |
| Occupancy | Primary homes | Primary homes, second homes and rentals |
| Often fits when | Credit or down payment is the main hurdle | Stronger credit makes the total cost lower |
These are the most FHA will insure on a single-family home in each area.
| County | One-unit limit |
|---|---|
| Maricopa and Pinal | $557,750 |
| Coconino | $609,500 |
| All other Arizona counties | $541,287 |
An FHA loan is a mortgage insured by the Federal Housing Administration. A private lender makes the loan, and FHA insurance protects that lender, which allows more flexible guidelines.
No. FHA loans aren't limited to first-time buyers, but the home must be your primary residence.
FHA sets minimum credit scores, and each lender can set higher ones. Your score also affects how much you need to put down. I'll check where you stand with the lenders I work with.
FHA loans have an upfront premium, which is usually added to the loan, and an annual premium paid monthly. How long you pay depends on your loan. I can show you the numbers for your situation.
No. With stronger credit, a conventional loan can cost less over time. That's why I compare both before you decide.
Apply online, or book a time and I'll compare your options.
FHA loans are insured by the Federal Housing Administration. BMG Home Loans LLC is a private mortgage broker and is not affiliated with or endorsed by HUD, FHA or any government agency. Loan limits are for 2026 one-unit properties and can change; confirm yours with the HUD limit lookup. This is general information, not an offer or commitment to lend. Not all applicants qualify.