FHA Home Loans for Firefighters
Affordable Paths to Homeownership with Firefighters First Credit Union
At Firefighters First Credit Union, we’re committed to helping our Fire Family achieve the dream of homeownership. With an FHA loan, you can take advantage of flexible credit requirements, low down payment options, and competitive rates designed to make buying a home more accessible.
Get Started View RatesWhy Choose an FHA Loan?
- Low Down Payment
- Flexible Credit Guidelines
- Great for First-Time Buyers
- Refinancing Options
Who Can Apply?
FHA loans are available to qualified borrowers who meet credit and income requirements. Whether you’re a first-time buyer or looking to refinance, we’ll walk you through every step of the process.
Why Firefighters First Credit Union?
We Serve Those Who Serve – Proudly supporting firefighters and their families.
- Personalized Service
- Competitive Rates
FHA FAQ'S
You may qualify if you:
- Have a minimum credit score of 580.
- Have at least two years of consistent employment, preferably in the same field.
- Can make at least the required down payment and cover closing costs.
- Maintain a Debt-to-Income (DTI) ratio generally below 43%.
At least 3.5%
FHA loan limits vary by county and are tied to local housing prices. They change annually. Contact us for more details.
Yes. Contact us for details.
- Eligible: Single-family homes, some condos (FHA-approved), townhomes, 2-4 unit properties (if you live in one unit), and Planned Unit Developments (PUDs).
- Not Eligible: Vacation homes, mobile homes, investment-only properties, and a number of others. Contact us for details.
Yes.
Not necessarily. They usually take a similar amount of time as conventional loans (about 30-45 days), but appraisals and extra property requirements can sometimes add time.
- FHA loans are generally easier to qualify for (lower credit score and down payment).
- Conventional loans may have lower long-term costs if you can put at least 20% down (no mortgage insurance).
- FHA is often best for first-time homebuyers with limited savings or credit history.
- For loans with less than 10% down → Mortgage insurance lasts for the life of the loan.
- For loans with 10% or more down → Mortgage insurance can be removed after 11 years.
- Many borrowers eventually refinance into a conventional loan to eliminate mortgage insurance.
Start Your Application Today
FHA Loan Disclosures
Firefighters First Credit Union is an Equal Housing Lender. This is not a commitment to lend. Loans are subject to credit approval and program guidelines. Terms and conditions apply and are subject to change without notice. Firefighters First Credit Union is not affiliated with or endorsed by the U.S. Department of Housing and Urban Development (HUD) or the Federal Housing Administration (FHA). NMLS ID #649058