Todd Uzzell Home Loans specializes in FHA loans throughout Arizona, helping homebuyers achieve homeownership with as little as 3.5% down payment. As experienced FHA-approved lenders, we understand the unique benefits of Federal Housing Administration financing and guide you through every step of the process with competitive rates and personalized service.
Why Choose FHA Loans in Arizona?
FHA loans are designed to make homeownership accessible to more Arizona families, especially first-time buyers and those with moderate credit scores. Backed by the Federal Housing Administration, these loans offer flexible requirements and competitive terms that help you purchase your Arizona home sooner.
FHA Loan Benefits
Low Down Payment
Just 3.5% down payment required
Flexible Credit
Credit scores as low as 580 accepted
Gift Funds Allowed
Down payment can be gifted
Government Backed
FHA insurance protects lenders
FHA Loan Requirements in Arizona
Credit & Down Payment
- • Minimum Credit Score: 580 for 3.5% down
- • Lower Credit: 500-579 requires 10% down
- • Down Payment: 3.5% minimum
- • Gift Funds: Allowed from approved sources
Income & Debt
- • Debt-to-Income: Up to 57% in some cases
- • Employment: Stable 2-year history preferred
- • Income Documentation: Tax returns, pay stubs, W-2s
- • Compensating Factors: Can offset higher ratios
2024 Arizona FHA Loan Limits
FHA loan limits vary by county throughout Arizona:
Standard Limit Counties
- • Most Arizona Counties: $498,257
- • Includes: Maricopa, Pima, Pinal counties
- • Covers: Phoenix, Tucson, most metro areas
High-Cost Area Limits
- • Higher Limit Areas: Up to $766,550
- • Varies by Location: Contact us for specifics
- • Special Areas: Some resort communities
FHA Loan Programs Available
FHA Purchase Loans
- • Standard FHA purchase financing
- • Primary residence only
- • Single-family homes, condos, townhomes
- • Manufactured homes (if meets requirements)
FHA Refinancing
- • FHA Streamline Refinancing
- • FHA Cash-Out Refinancing
- • Rate-and-term refinancing options
- • Reduced documentation streamline
Specialized FHA Programs
FHA 203(k) Renovation Loans
Purchase and renovate with one loan
FHA Condo Financing
Condos in FHA-approved projects
Manufactured Home Loans
FHA financing for qualifying manufactured homes
FHA Mortgage Insurance
FHA loans require mortgage insurance to protect lenders:
Upfront Mortgage Insurance
- • Rate: 1.75% of loan amount
- • Payment: Rolled into loan or paid at closing
- • One-time fee: Paid at closing
Annual Mortgage Insurance
- • Rate: 0.45% - 1.05% annually
- • Payment: Monthly with mortgage payment
- • Duration: Life of loan (most cases)
Our FHA Loan Process
Pre-Qualification
Initial FHA eligibility review
Application
Complete FHA loan application
Documentation
Gather required documents
FHA Underwriting
FHA guidelines review
Closing
Fund your FHA loan
FHA Loan Costs in Arizona
Understanding FHA loan costs helps you budget for your home purchase:
Typical Costs
- • Down payment: 3.5% of purchase price
- • Upfront MIP: 1.75% of loan amount
- • Annual MIP: 0.45-1.05% annually
- • Standard closing costs: 2-5%
Cost-Saving Options
- • Seller can contribute up to 6% toward closing costs
- • Gift funds allowed for down payment
- • Down payment assistance programs available
- • Lender credits for higher interest rates
Arizona Communities We Serve
Our FHA loan services are available throughout Arizona:
And many more Arizona communities. View all Phoenix area communities | View all Tucson area communities
Why Choose Todd Uzzell for FHA Loans
Our FHA loan expertise helps Arizona homebuyers navigate the process with confidence and secure the best possible terms.
FHA Loans Processed
Years FHA Experience
FHA Client Rating
Related Services
Ready for an FHA Loan?
Get started with your Arizona FHA loan today. Low down payment and flexible credit requirements make homeownership accessible.