FHA Loans

At Broadview Lending powered by Barrett Financial LLC, we help make homeownership possible for more borrowers with FHA Loans—a government-backed mortgage program designed to offer flexible qualification standards and affordable down payment options.

Whether you’re a first-time buyer, have less-than-perfect credit, or need a lower down payment, FHA financing could be the key to unlocking your new home.

What is an FHA Loan?

An FHA Loan is insured by the Federal Housing Administration, which allows lenders to offer more favorable terms to borrowers who may not meet the stricter requirements of conventional mortgages.

This program is especially popular with:

First-time homebuyers
Borrowers with lower credit scores
Buyers who have limited funds for a down payment

Key Benefits of FHA Loans

Low Down Payment – As little as 3.5% with a credit score of 580 or higher
Flexible Credit Requirements – Approval possible with credit scores as low as 500 (with 10% down)
Competitive Interest Rates – Government backing helps keep rates affordable
Higher Debt-to-Income Allowances – Easier qualification for borrowers with existing debts
Assumable Loan – The buyer of your home may be able to take over your FHA loan, potentially at a lower rate

FHA Loan Limits for 2025

For 2025, FHA loan limits vary by county and property type:

Standard areas (low-cost): $498,257 for a 1-unit property
High-cost areas: Up to $1,149,825 for a 1-unit property
(Multi-unit properties have higher limits. Contact us for your county’s specific numbers.)

Is an FHA Loan Right for You?

You might consider FHA financing if you:

Have a modest credit history but solid income
Want to keep your down payment as low as possible
Prefer a fixed, predictable monthly payment
Plan to occupy the home as your primary residence

Why Work With Broadview Lending powered by Barrett Financial LLC?

Our team understands the FHA process inside and out. We’ll guide you from pre-approval to closing, ensuring you get the best terms available. We also compare multiple lenders to find the most competitive rates and fees for your situation.

FHA loans are about opening doors—to your first home, your next home, and your financial future. Let’s find out if FHA financing is the right fit for you.