FHA Home Loans in Tennessee & California

At First Capital Mortgage, we make homeownership accessible with FHA loans, a popular option for first-time buyers and those with less-than-perfect credit. Serving clients in Tennessee and California, we provide expert guidance to help you secure an FHA loan tailored to your needs.

What Is an FHA Loan?

An FHA loan is a mortgage insured by the Federal Housing Administration (FHA), designed to make homeownership more affordable. FHA loans are ideal for borrowers who may not qualify for conventional loans due to credit score, income, or down payment limitations.

Benefits of FHA Loans

• Low Down Payment: Put down as little as 3.5% of the purchase price.
• Flexible Credit Requirements: Qualify with a credit score as low as 580.
• Lower Closing Costs: Benefit from reduced fees compared to conventional loans.
• Assumable Loans: Transfer your FHA loan to a qualified buyer in the future.

Eligibility for FHA Loans

To qualify for an FHA loan, borrowers typically need:

• A credit score of 580 or higher (with a 3.5% down payment)
• Steady employment or income history
• A debt-to-income (DTI) ratio of 43% or lower
• A valid Social Security number and legal U.S. residency

FHA Loans in Tennessee

From Knoxville to Memphis, FHA loans are a great option for homebuyers across Tennessee. We help you navigate the process and find the right loan for your unique situation.

FHA Loans in California

With California’s competitive housing market, FHA loans offer an affordable way to purchase a home. Whether you’re buying in Los Angeles, San Diego, or another city, we provide personalized support to make your homeownership journey a success.

Why Choose First Capital Mortgage for Your FHA Loan?

At First Capital Mortgage, we specialize in FHA loans and have years of experience helping clients achieve their homeownership goals. Our team works closely with you to simplify the process and ensure you secure the best terms for your FHA loan.

Get Started Today

Ready to explore your FHA loan options? Contact our team to learn more and take the first step toward homeownership. Call (865) 444-8422 or email us for a free consultation.

FAQs About FHA Loans

Have questions? Visit our FAQ section or reach out to our team for personalized assistance.