FHA Loan

FHA Loan

FHA Loan

The Federal Housing Administration (FHA) has developed a set of guidelines for lenders to follow to have their loans insured.  Their primary role is as an insurer for the lenders. FHA guidelines do allow for easier access to home loans for low and moderate-income households.

Advantages of FHA:

  • A Low Down Payment, or 3.5%, can include earnest money, tax credit, and gift money
  • You can have a higher Debt to Income Ratio than conventional loans
  • Typically better rates for lower credit score
  • Can go down to a 580 Credit Score with some partners
  • Loans can be assumable, so when you want to sell your homes down the road, this can be a selling tool
  • Mortgage Insurance may be tax deductible
  • Can have Seller Contributions up to 6% of the purchase price
  • 2023 Loan Limit of $472,030

Getting started is easy. We offer very competitive rates, have great service, and always close on time.


Equal Housing Lender

Contact Us

Capital City Mortgage
237 S 70th St. Ste. 206
Lincoln, NE 68510

(402) 489-2099