FHA Loan Mortgage Rate
6.310%Current national average · Updated 2026-05-05
What is a FHA Loan?
Government-backed loan with lower down payment requirements
Pros
- Low down payment (3.5%)
- Lower credit score requirement (580+)
- Competitive interest rates
Cons
- Mortgage insurance required (MIP)
- Loan limits apply by county
- Property must meet FHA standards
Quick Facts
Current Rate
6.310%
Min. Down Payment
3.5%
Min. Credit Score
580
Best For
First-time buyers with lower credit scores or limited down payment savings
Top Lenders for FHA Loan
| Lender | FHA Loan Rate | APR | Action |
|---|---|---|---|
| ⚓Navy Federal CU | 6.000% | 6.150% | Apply |
| 🗽Freedom Mortgage | 6.050% | 6.200% | Apply |
| 🏘PennyMac | 6.100% | 6.250% | Apply |
| 🏡United Wholesale Mortgage | 6.150% | 6.300% | Apply |
| ✨Better Mortgage | 6.150% | 6.300% | Apply |