Federal Housing Administration (FHA)
30-Year Fixed-Rate Home Loan
Features and benefits:
- Only a 3.5% down payment required on certain loans
- Qualify with little to no credit history
- Lower FICO score requirements than traditional loans
- No minimum or maximum income requirements
- History of steady employment required
- Steady monthly principal and interest payment
- No prepayment penalty or fee
- Convenient online application process
Start today and apply for a 30-year fixed-rate FHA home loan from New York Community Bank, a division of Flagstar Bank, N.A.
Programs for qualified borrowers. All borrowers subject to credit approval, underwriting approval and lender terms and conditions. Programs subject to change without notice. Some restrictions may apply. Not a commitment to lend. A loan advisor will review and provide you the terms, conditions, disclosures, and additional details on the interest rates that apply to your individual situation.