Thinking about buying a condo with an FHA loan? Before you apply, find out if you meet the basic qualifications — no guesswork, no jargon.
Use this simple, 30-second calculator to:
Check if your income and debt align with FHA condo loan requirements.
Estimate what kind of down payment you may need.
Understand if your condo meets FHA approval criteria.
Whether you're just starting out or already house hunting, this tool helps you make smarter, faster mortgage decisions.
This tool helps you estimate whether you might qualify for an FHA loan on a condo based on your credit score, income, debts, and property status. It’s a fast way to get clarity before applying.
You can qualify with a score as low as 500, but most borrowers will need at least 580 to qualify for the 3.5% down payment option.
If your credit score is 580 or higher, the minimum down payment is 3.5%. If your score is between 500 and 579, you may need to put down at least 10%.
Your debt-to-income ratio (DTI) is your monthly debt divided by your gross monthly income. FHA generally requires a DTI of 43% or lower, though some lenders may allow more flexibility.
You can check using the HUD website, or use our eligibility tool to have us verify it for you quickly.
Yes, in some cases. FHA allows single-unit approvals for condos that meet certain conditions, even if the entire project isn’t approved.
No. This tool does not require a credit check or any personally identifying information. It’s completely free to use and has no impact on your credit.
If your results show you're close to qualifying — or if you're not sure about your condo's FHA approval status — we can help you take the next step.
Click below to check your condo’s FHA loan eligibility. Our team will verify the property status, connect you with FHA-approved lenders, and explain your options clearly.
