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. Popular across Louisville, Lexington, and Covington.

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 with in-house condition review

  4. 04

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