• Tel: (208) 580-4947
    Email: nick@sundialcapitalllc.com

  • FHA Loan Requirements


    Important FHA Guidelines for Borrowers

    The FHA, or Federal Housing Administration, provides mortgage insurance on loans made by FHA-approved lenders. FHA insures these loans on single family and multi-family homes in the United States and its territories. It is the largest insurer of residential mortgages in the world, insuring tens of millions of properties since 1934 when it was created.

    • FICO® score at least 580 = 3.5% down payment.
    • FICO® score between 500 and 579 = 10% down payment.
    • MIP (Mortgage Insurance Premium ) is required.
    • Debt-to-Income Ratio < 43%.
    • The home must be the borrower's primary residence.
    • Borrower must have steady income and proof of employment.

At Sundial Capital, we understand time is money. That is why we use our efficient process to close the average loan in 14 days. Check to see if you qualify now!