Flagstar Bank tries to be screen-reader friendly. Please use the following links to skip to the desired section of the page.
FHA 30-year fixed Mortgage
Backed by the Federal Housing Administration, FHA mortgages are ideal for those with less-than-optimal credit, little-to-no formal credit history, or limited cash for down payments. Low credit scores may not prevent you from qualifying; however, higher scores could net you lower interest rates.
Features you’ll love:
1The APR calculation is based on a 30-year fixed-rate mortgage in the amount of $240,000 for the purchase of a single-family, primary residence with 96.5% loan-to-value or 3.5% down payment, minimum borrower credit score of 740, and estimated finance charges of 2 points and $5,400. The APR is subject to change at any time and individual APRs may vary for loan purchases and loan refinances due to loan programs being offered, loan volume, or other factors.
A mortgage expert will review and provide you the terms, conditions, disclosures, and additional details on the interest rates that apply to your individual situation.