FHA Full Doc 30 Year Mortgage – Loan Criteria

FHA Full Doc 30 Year Mortgage

Flexible underwriting with low down payment options.

Loan Purpose

  • Purchase
  • Rate/Term Refinance
  • Cash-Out Refinance

Loan Term

  • 30 Year Fixed Rate
  • 15 Year Fixed Rate

Loan Amount

  • Up to FHA county loan limits

Loan to Value (LTV)

  • Up to 96.5% Purchase
  • Up to 85% Cash-Out Refinance

Minimum Credit Score

  • 580

Property Type

  • Owner Occupied Only

Eligible Property Types

  • 1–4 Units
  • Condos (HUD approved)

Eligible Borrowers

  • U.S. Citizens / Permanent Resident Aliens
  • Non-Permanent Resident Aliens

Key Features & Detail

  • Low down payment (3.5%)
  • Flexible underwriting guidelines
  • Mortgage insurance required