FHA Home Loans in Virginia, Maryland, and Washington DC

Flexible, Affordable Home Financing Backed by the Federal Housing Administration

FHA loans make homeownership more accessible for first‑time buyers, borrowers with limited savings, and those with less‑than‑perfect credit. With flexible qualification guidelines and low-down payment options, FHA financing remains one of the most popular mortgage programs in the country.

ABC United Finance Corp proudly helps borrowers across our licensed states secure affordable FHA financing with confidence.

Looking for a zero‑down FHA option? Explore our FHA 100% CLTV program.  

Why Choose an FHA Loan?

• Low down payment starting at 3.5%
• Flexible credit score requirements
• Higher debt‑to‑income ratios allowed
• Gift funds permitted for down payment and closing costs
• Competitive interest rates
• Assumable loans (with lender approval)
• Available for 1–4 unit properties
• Ideal for first‑time homebuyers

Key Features & Benefits

• Low down payment — as little as 3.5%
• Flexible credit score requirements
• Higher debt‑to‑income ratios allowed
• Gift funds permitted for down payment and closing costs
• Assumable loans (subject to lender approval)
• Competitive interest rates
• Available for 1–4 unit properties
• Great for first‑time homebuyers

Who Is an FHA Loan Best For?

FHA loans are a strong fit for:

• First‑time homebuyers
• Borrowers with limited savings
• Borrowers with lower credit scores
• Buyers with higher debt‑to‑income ratios
• Borrowers who need flexible qualification options

FHA Loan Requirements

Credit Score

• 580+ → Eligible for 3.5% down
• 500–579 → Eligible with 10% down (program‑specific)

Down Payment

• Minimum 3.5%
• Can come from:
  • Gift funds
  • Family
  • Employer
  • Down payment assistance programs

Debt‑to‑Income Ratio

• Typically up to 43%–50%, depending on automated approval

Property Requirements

• Must be the borrower’s primary residence
• Must meet FHA safety and livability standards
• FHA appraisal required

FHA Mortgage Insurance (MIP)

FHA loans require two types of mortgage insurance:

1. Upfront Mortgage Insurance Premium (UFMIP)

• Typically 1.75% of the loan amount
• Can be financed into the loan

2. Annual Mortgage Insurance Premium (MIP)

• Paid monthly
• Amount depends on loan term, loan amount, and down payment
• May be removed after a certain period depending on down payment and loan terms

FHA Loan Limits

FHA loan limits vary by county and property type. Higher‑cost areas have higher limits.

Borrowers in Virginia, Maryland, and Washington, DC benefit from some of the highest FHA limits in the country.

FHA Loan Options Available

• FHA Purchase Loans
• FHA Streamline Refinance (no appraisal required in many cases)
• FHA Cash‑Out Refinance
• FHA 203(k) Renovation Loans
• FHA Loans for 1–4 Unit Properties

FHA vs. Conventional Loans

Step‑by‑Step FHA Loan Process

1. Initial consultation
2. Pre‑approval
3. Home shopping
4. FHA appraisal & underwriting
5. Final approval
6. Closing

Why Choose ABC United Finance

Homebuyers across Virginia, Maryland, and Washington, DC choose ABC United Finance Corp because we offer:

• FHA‑experienced loan specialists
• Fast pre‑approvals
• Flexible qualification options
• Competitive FHA rates
• Clear communication from start to finish
• Local expertise in the markets we serve

We understand the unique needs of borrowers in each region and provide personalized support to help you achieve your homeownership goals.