FHA Loans in Phoenix and Arizona

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Down payment: as little as 3.5% with a credit score of 580 or higher

Gift funds: allowed for the down payment

Mortgage insurance: 1.75% upfront, plus a monthly premium

2026 loan limit, Maricopa and Pinal counties: $557,750 for a one-unit home

Occupancy: the home must be your primary residence

Who it fits

Buyers with a smaller down payment, credit that's still building, or a past credit bump. The home has to be where you'll live.

How it works

The FHA insures the loan, which lets lenders offer more flexible guidelines. You still document your income and assets, and the home has to meet FHA property standards.

What it costs

FHA mortgage insurance, called MIP. I'll show you what it adds to your payment and compare it to conventional mortgage insurance on your numbers.

Why so many first-time buyers start with FHA

You've paid rent on time for years, but saving 20% down feels impossible. Or a medical bill or a rough year left a mark on your credit. That shouldn't keep you out of a home.

FHA was built for buyers like you:

A down payment as low as 3.5%

Credit guidelines that can be more flexible than conventional

Gift funds from family allowed for the down payment

Sellers can help with closing costs, up to 6% of the sales price

FHA is a great tool. It isn't the only one. Some buyers save more with conventional, VA, or down payment assistance. My job is to show you which path costs you less. Then you choose.

FHA mortgage insurance, in plain English

Every FHA loan has mortgage insurance, called MIP. It comes in two parts:

Upfront premium: 1.75% of the loan amount, usually added into the loan instead of paid in cash.

Annual premium: paid as part of your monthly payment.

How long you pay the monthly premium depends on your down payment. Put down less than 10% and it stays for the life of the loan. Put down 10% or more and it ends after 11 years.

That can sound like a lot. Here's the trade-off: MIP is what makes the low down payment possible. Many buyers use FHA to get into a home now, build equity, and refinance later if rates and their home's value support it. I'll show you both paths on your real numbers before you decide.

Condos, manufactured homes, and the home itself

FHA looks at the property as closely as it looks at you. Here's what to know before you write an offer.

Condos: The complex needs FHA approval, or the unit needs a single-unit approval. Send me the complex name before you write the offer and I'll check.

Manufactured homes: These can be eligible when the foundation, land ownership, and age requirements line up. I'll need the HUD labels and whether the home sits on land you'll own.

The appraisal: FHA appraisers check that the home is safe and sound. Peeling paint on an older home, systems that don't work, or an unpermitted addition can slow a closing. I flag these early so they don't surprise you.

2026 FHA loan limits in Arizona

For 2026, the FHA loan limit for a one-unit home in Maricopa and Pinal counties is $557,750. Limits vary by county and update every year.

If the home you love is priced above the limit, we'll look at conventional or jumbo financing instead. Either way, you'll know before you write the offer.

When I'll steer you toward something else

I'm not here to sell you FHA. I'm here to find the loan that fits you.

Strong credit and a larger down payment? Conventional mortgage insurance may cost less, and it can come off later. conventional

Served in the military? We compare VA first. No down payment required and no monthly mortgage insurance. VA loans

Need help with the down payment? FHA often pairs with Arizona assistance programs. down payment help

Price above the FHA limit? We look at conventional or jumbo. jumbo

Closing line: Ready to find out if FHA fits? Call or text (602) 448-4470 with a monthly payment you're comfortable with and the cash you have. We'll build your plan from there.