Apply now for a mortgage.

Federal Housing Administration (FHA) loans

Open the way to owning a home, even when your credit score or down payment isn’t where you want them to be. An FHA loan offers fixed- or adjustable-rate mortgagesDisclosure 1 (ARM) that can be a good option for borrowers with limited funds for a down payment.

This way to home affordability.

Why choose an FHA loan?

  • You can finance up to 96.5% of the purchase price on some loans. 
  • A family member or employer can give 100% of the down payment as a gift. 
  • The seller can put up to 6% of the sale price towards closing costs and prepaid items. 
  • Rates are often better for FICO® scores ranging from fair to good than conventional financing. 
  • ARMs1 adjust annually after 5 or 7 years and offers one-time protection from large interest rate increases.

A few things to considerDisclosure 2

  • You can finance your mortgage insurance. 
  • You typically will pay an annual mortgage insurance premium (MIP) for the entire term of the loan with down payments less than 10%. 
  • FHA home loan maximum amounts range from $498,257–$1,149,825 based on where you’re buying.
  • The interest rate on adjustable-rate mortgagesDisclosure 1 (ARMs) may increase after the initial fixed-rate period.

Start your application with confidence. Our mortgage professionals are ready to help when you need it.

Apply now for a Truist mortgage.

Today's mortgage rates

Mortgage rates change every day. If you see a rate that works for you, start your application right away.

Check rates for Mortgage loans.

Affordable loans

There are other ways to make homebuying affordable. Ask a mortgage professional if you qualify for these options.

Buy affordably
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Disclosure 1  Adjustable-rate mortgage (ARM) products have interest rates that may increase after consummation.

Disclosure 2 Mortgage financing of 100% will result in no property equity until such time as the loan principal is paid down through regular mortgage payments and/or the property value appreciates. Additionally, if property values decline, you could owe more than your property’s value. Additional LTV restrictions may apply.

Disclosures

Truist Bank, Member FDIC. © 2024 Truist Financial Corporation. Truist, the Truist logo and Truist Purple are service marks of Truist Financial Corporation.

Equal Housing Lender

Investment and Insurance Products:

  • Are Not FDIC or any other Government Agency Insured
  • Are Not Bank Guaranteed
  • May Lose Value

Services provided by the following affiliates of Truist Financial Corporation (Truist): Banking products and services, including loans and deposit accounts, are provided by Truist Bank, Member FDIC. Trust and investment management services are provided by Truist Bank, and Truist Delaware Trust Company. Securities, brokerage accounts and /or insurance (including annuities) are offered by Truist Investment Services, Inc., and/or P.J. Robb Variable, LLC., which are SEC registered broker-dealers, members  FINRA, SIPC, and a licensed insurance agency where applicable. Investment advisory services are offered by Truist Advisory Services, Inc., GFO Advisory Services, LLC, Sterling Capital Management, LLC, and Precept Advisory Group, LLC, each SEC registered investment advisers. Sterling Capital Funds are advised by Sterling Capital Management, LLC. Insurance products and services are offered through McGriff Insurance Services, LLC. Life insurance products are offered through Truist Life Insurance Services, a division of Crump Life Insurance Services, LLC., AR license #100103477. Both McGriff and Crump are wholly owned subsidiaries of Truist Insurance Holdings, Inc.

Mortgage products and services are offered through Truist Bank. All Truist mortgage professionals are registered on the Nationwide Mortgage Licensing System & Registry (NMLS), which promotes uniformity and transparency throughout the residential real estate industry. Search the NMLS Registry.

Comments regarding tax implications are informational only. Truist and its representatives do not provide tax or legal advice. You should consult your individual tax or legal professional before taking any action that may have tax or legal consequences.

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Truist Securities is a trademark of Truist Financial Corporation. Truist Securities is a trade name for the corporate and investment banking services of Truist Financial Corporation and its subsidiaries. All rights reserved. Securities and strategic advisory services are provided by Truist Securities, Inc., member FINRA and SIPC. Lending, financial risk management, and treasury management and payment services are offered by Truist Bank. Deposit products are offered by Truist Bank.

Applications, agreements, disclosures, and other servicing communications provided by Truist Bank and its subsidiary businesses will be provided in English. As a result, it will be necessary for customers to speak, read and understand English or to have an appropriate translator assisting them. Truist offers the following resources for consumers that have Limited English Proficiency:

  • Multilingual teammates available at our Multicultural Banking Centers
  • Materials for some products and services are available in Spanish, Korean, Vietnamese, Mandarin, and other languages spoken in the communities we serve.
  • Phone assistance in Spanish at 844-4TRUIST (844-487-8478), option 9. For assistance in other languages please speak to a representative directly.

New York City residents:

Translation or other language access services may be available. When calling our office regarding collection activity, if you speak a language other than English and need verbal translation services, be sure to inform the representative. A description and translation of commonly-used debt collection terms is available in multiple languages at http://www.nyc.gov/dca.

  • Limited English Proficiency Support
  • New York City residents

Borrowers with Limited English Proficiency (LEP) needing information can use the following resources:

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