FHA Loans
in Virginia, Maryland, and Washington DC
⭐ 5-Star Client Reviews ✔ Licensed Mortgage Professionals ⚡ Fast Closings
Buy with as little as 3.5% down and flexible credit guidelines
✔No impact on your credit to check eligibility
✔Fast approvals 24–48 hours
✔Local experts in VA, MD and DC
FHA loans in Virginia, Maryland, and Washington DC make homeownership more accessible with flexible credit guidelines and down payments as low as 3.5%. At ABC United Finance Corp, we help homebuyers and homeowners secure FHA financing with clarity, speed, and confidence.
Looking for ways to reduce your upfront costs? Explore zero down mortgage options in Virginia, Maryland, and Washington DC and see if you qualify today.
What Is an FHA Loan?
An FHA loan is a government-backed mortgage insured by the Federal Housing Administration. It is designed to make homeownership more accessible for:
- First-time homebuyers
- Buyers with limited savings
- Borrowers with lower credit scores
- Homeowners needing refinance flexibility
Because the loan is insured by the government, lenders can offer more flexible approval standards.
Get a Quick FHA Loan Quote
Your information is secure and confidential. No obligation and no impact to your credit score to receive a quote.
Why FHA Loans Are Popular in VA, MD & DC
High home prices in areas like Northern Virginia, Montgomery County, Prince George’s County, and Washington, DC make FHA financing especially attractive.
FHA Benefits Include:
- ✔ Down payment as low as 3.5%
- ✔ Flexible credit score guidelines
- ✔ Higher debt-to-income ratios allowed
- ✔ Gift funds permitted for down payment & closing costs
- ✔ Competitive interest rates
- ✔ Available for 1–4 unit properties
- ✔ Assumable loans (subject to approval)
FHA Loan Requirements
Credit Score
- 580+ → Eligible for 3.5% down
- 500–579 → May qualify with 10% down
Down Payment
Minimum 3.5%
Can come from:
- Gift funds
- Family
- Employer
- Approved down payment assistance programs
Debt-to-Income Ratio
Typically up to 43%–50%, depending on automated approval findings.
Property Guidelines
- Must be your primary residence
- FHA appraisal required
- Property must meet FHA safety standards
If your credit score falls below FHA guidelines, explore Non-QM loan options.
FHA Mortgage Insurance Explained
FHA loans require mortgage insurance.
1. Upfront Mortgage Insurance Premium (UFMIP)
- Typically 1.75% of the loan amount
- Can be financed into the mortgage
2. Annual Mortgage Insurance Premium (MIP)
- Paid monthly
- Amount depends on loan term, loan amount, and down payment
- May be removed depending on loan structure
FHA Loan Limits in Virginia, Maryland & DC
FHA loan limits vary by county and property type.
High-cost areas like Northern Virginia and Washington, DC have higher loan limits than many parts of the country.
Contact us to confirm current FHA limits for your county.
FHA Loan Programs We Offer
- FHA Purchase Loans
- FHA Streamline Refinance (often no appraisal required)
- FHA Cash-Out Refinance
- FHA 203(k) Renovation Loans
- FHA 1–4 Unit Property Financing
- FHA 100% CLTV-No Down payment
FHA vs. Conventional Loan: Which Is Better?
| Feature | FHA Loan | Conventional Loan |
|---|---|---|
| Minimum Down Payment | 3.5% | 3–5% |
| Credit Flexibility | Higher | Moderate |
| Mortgage Insurance | Required | Can cancel at 20% equity |
| Best For | First-time buyers, flexible credit | Strong credit, larger down payment |
Find Out Which Loan Is Best for Me
Not sure if FHA or Conventional loan is right for you? Compare your options here.
Step-by-Step FHA Loan Process
- Initial consultation
- Pre-approval
- Home shopping
- FHA appraisal & underwriting
- Final approval
- Closing
Our team guides you through every step.
Why Homebuyers Choose ABC United Finance Corp
Borrowers across Virginia, Maryland, and Washington, DC choose us because we provide:
- FHA-experienced loan specialists
- Fast, accurate pre-approvals
- Clear communication
- Competitive FHA rates
- Local market expertise
We understand regional housing markets and structure FHA loans properly the first time.
Why Borrowers Across Virginia, Maryland & DC Trust ABC United Finance Corp
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“ABC United Finance made my FHA loan process incredibly smooth. They explained every step clearly and helped me qualify with a low down payment. Highly recommend!”
— Angela T., Bowie, MD
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“Professional, responsive, and knowledgeable. They helped me refinance my FHA loan and lowered my monthly payment with no stress.”
— Sam M., Woodbridge, VA
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“As a first-time homebuyer in Northern Virginia, I was nervous about the process. Their team walked me through everything and got me approved quickly.”
— Daniel R., Fairfax, VA
FHA Loan Frequently Asked Questions
Can I qualify for an FHA loan with a 580 credit score?
Yes. A 580 score typically qualifies for 3.5% down.
Do FHA loans always require mortgage insurance?
Yes. FHA loans require both upfront and annual mortgage insurance.
Can I use gift funds for the entire down payment?
Yes. FHA allows 100% of the down payment to come from approved gift sources.
Are FHA loans only for first-time buyers?
No. Anyone who meets the guidelines can use an FHA loan.
Can I buy a duplex or triplex with FHA?
Yes. FHA loans allow 1–4 unit properties if you live in one unit.
Can I refinance an FHA loan?
Yes. FHA Streamline and FHA Cash-Out refinance options are available.
Ready to Get Started?
Whether you’re buying your first home or refinancing your current one, an FHA loan can provide the flexibility you need.