FHA Choice Loan

Hey, nobody’s perfect.

We can still help you get a mortgage, though. The Federal Housing Authority’s Choice Loan is designed to assist borrowers whose less-than-perfect credit history makes it difficult for them to qualify for a traditional mortgage.This government-insured FHA loan option is ideal if you’re hitting dead ends every time you try to qualify for a mortgage. Get this 30-year mortgage with a fixed rate even if your credit score is in the 500s.

Key Features:

  • One of the industry’s lowest credit score requirements means greater accessibility
  • Compensating factors are allowed to qualify


Down Payment 3.5% of the final loan amount (on approved credit)
Terms 30 years, fixed rate
Credit Score 500 minimum
Mortgage Insurance Yes
Maximum Loan Limit Yes, varies by county

Eric LaFleur MLO165839 • Company NMLS #1936