Forge Capital
Loan programs

FHA

3.5% down · 580+ FICO

FHA loans

Flexible credit and debt ratios, gift funds allowed for the entire down payment, and non-occupant co-borrowers permitted for eligible Kentucky borrowers.

Program highlights

01

Minimum score
580 with 3.5% down; 500–579 considered with 10% down
Debt ratios
Up to 56.9% back-end with compensating factors
Co-borrowers
Non-occupant family co-borrowers permitted
Seller credits
Up to 6% toward closing costs

Who this fits

02

  • Buyers rebuilding credit after a rough stretch
  • Households with higher debt-to-income ratios
  • Families using a parent or relative as a co-borrower

How it closes

03

  1. 01

    Verify score and residual credit events

  2. 02

    FHA case number assigned same day

  3. 03

    FHA appraisal and condition review

  4. 04

    Close and, if rates drop later, use an FHA streamline