844.941.5626

FHA Purchase

FICO Down to 550
  • 96.5% LTV, 105% CLTV @ 580 FICO+
  • 90% LTV at 550 FICO+
  • 1 - 4 Units
  • No FICO Option
  • DTI to AUS Approval
  • 43% DTI Max on Manual U/W
  • Loan Amounts Starting at $75,000
  • Non-Resident Alien OK

FHA Streamline

FICO Down to 580
  • No Income Amount Required on Application
  • No Appraisal
  • 1 - 4 Units
  • Manual U/W Available
  • Prior FHA Loan Required
  • Quick and Easier than typical Refinances
  • Can Require Less Documentation

FHA Refinance

No Cash Out
  • 97.75% LTV, 580 FICO+
  • 90% LTV, 550 FICO+
  • 1 - 4 Units
  • Manual U/W Available
  • Prior FHA Loan Required

FHA ARMs

FICO Down to 580
  • 5/1 ARM
  • Purchase
  • Cash-Out Refinance
  • Min 580 FICO with DU Approval
  • Min 620 FICO with Manual Underwrite
  • 43% DTI Max on Manual U/W
  • No Manufactured Homes
  • Non-Standard Terms Not Allowed
  • Qualifying Rate = Note Rate

Not Available in IL, MA, NM (coming soon.)

FHA 2025 County Loan Limits

View the Max Loan Amount for FHA

FHA ANNUAL MIP REDUCTION

Forward Lending is accepting submissions for qualifying FHA Loans submitted and scheduled to close on or after Wednesday, March 1, 2023. These loans are eligible to receive the annual MIP Reduction.

HUD recently announced a 30 basis-point reduction to the FHA Annual Mortgage Insurance Premium (annual MIP) rates charged to homebuyers who obtain an FHA-insured mortgage.

Take advantage of this opportunity to potentially qualify more borrowers with this reduction offered by HUD!

The reduction is effective for mortgages endorsed for insurance by FHA on or after March 20, 2023.

The FHA annual MIP reduction applies to all eligible property types, including:

  • Single family homes
  • Condominiums
  • Manufactured homes
  • All eligible loan-to-value ratios
  • All eligible base loan amounts

 Refer to the current Mortgagee Letter for qualifying programs and exceptions. 

NO SPEED LIMITS HERE!

YOUR FORWARD LENDING TPO SUBMISSION PORTAL REDUCES DAYS TO CLOSE BY BEING FAST AND EFFICIENT.

GET TRAINING

Our TPO submission portal allows you to:

  • Get Pricing immediately on our Prime and Non-QM Programs.
  • Run Credit, DU/LP separately or at the same time.
  • Disclose your loan immediately or Quick Submit.
GET TRAINING
GET APPROVED

Join Forward Lending, Wholesale Lending Division and get access (as thousands of Approved Mortgage Brokers have done in the past) to Prime, Government, and Non-QM loan programs for your clients.

GET APPROVED
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