A Smart Start to Homeownership
An FHA home loan from Teachers helps make homeownership more achievable, especially for first-time buyers, those with limited savings for a down payment, or borrowers who are still building their credit. These loans feature flexible approval guidelines, lower credit score requirements, and down payments starting at just 3.50%.1
Teachers 30-Year Fixed-Rate FHA Loan Benefits
Smart Rates. Real Savings.
Our competitive FHA rates help you keep more money in your pocket, now and long term.
Down Payments as Low as 3.50%
Low down payments make FHA loans a smart choice for homebuyers who want to get started with less upfront costs.1
We’re With You From Application to Payoff
Your loan stays with Teachers — no handoffs, no surprises.
Do You Qualify for an FHA Loan?
FHA loans are designed to be accessible and flexible. Here's what you’ll need to get started:
- 3.50% Down Payment: Your down payment can be saved or fully gifted.
- Primary Residence Only: The home must be your main residence, not a second home.
- Manageable Debt-to-Income Ratio: Your monthly debts should be reasonable compared to your income.
- Credit Score: Lower minimum credit score accepted.
- Additional Requirements: FHA loans require a HUD-approved appraisal and proof of steady income.
Disclosures
1A minimum down payment of 3.50% is required. For example: a 3.50% down payment on a 30-year, fixed-rate loan of $250,000 with an interest rate of 7.75% / 8.5506% APR will have 360 monthly principal and interest payments of $1,783.65. Payments shown do not include taxes, homeowners insurance, or mortgage insurance (if applicable). Actual payments may be higher.
FHA loans require an up-front mortgage insurance premium (UFMIP), which may be financed, or paid at closing, and an FHA annual mortgage insurance premium (MIP) paid monthly will also apply.
FHA requires flood insurance through the National Flood Insurance Program (NFIP) or Private Flood Insurance policies that meet FHA's requirements if a loan is secured by property located in a Special Flood Hazard Area (SFHA).
Subject to Credit approval and FHA eligibility requirements. Not all applicants will qualify. FHA loans are insured by the Federal Housing Administration but offered by Teachers, an FHA-Approved Lender. Membership at Teachers is required by opening a Regular Savings account or Youth Savings account with a minimum opening deposit of $1.00.