X Sound CU App on Google Play Store Sound CU App on App Store VIEW VIEW

FHA Home Loans

Your Path to Affordable Homeownership

Sound Credit Union understands that purchasing a home is a significant milestone. That’s why we are pleased to offer Federal Housing Administration (FHA) Home Loans.

Benefits of FHA Home Loans

Low Down Payment

With an FHA loan, you may be eligible for a down payment as low as 3.5% of the purchase price of the home. This can make homeownership more achievable, especially for first-time homebuyers.

Flexible Credit Requirements

FHA loans are more lenient when it comes to credit scores compared to conventional loans. If you have had past credit challenges, you may still qualify for an FHA loan, making homeownership a possibility.

Competitive Interest Rates

Sound Credit Union offers competitive interest rates for FHA Home Loans, helping you save money over the life of your mortgage. This can make a significant difference in your monthly payments and overall financial planning.

Eligibility Criteria

This program was established to make homeownership more accessible to a broader range of individuals, especially those with limited funds for a down payment and those with less than perfect credit.

state agent talking with couple

What are FHA Home Loans?

An FHA loan is a mortgage insured by the Federal Housing Administration, a government agency within the U.S. Department of Housing and Urban Development (HUD).

In general, to qualify for a home loan, you must have a reliable source of income, a permissible debt-to-income ratio, a fair- to good credit score, and funds for a down payment.

Sound Credit Union offers home loans. Learn More »

A home loan, or mortgage, is a sum of money loaned to a borrower by the credit union (or bank) to buy a livable property, including a house, apartment, or condo.

Sound Credit Union offers home loans. Learn More »

Take the Next Step

Get started now
Apply online
Call Us


NMLS# 691150   ·   Equal Housing Opportunity

All loans require Sound membership and are subject to credit approval. Verification of income may be required. Must be 18 years of age to qualify for loan. APR is Annual Percentage Rate. Rate and offer subject to change at any time.

1FHA: Premium Mortgage Insurance (PMI) required for life of loan. VA: available to active duty military or qualifying veterans only.