FHA Loans in Georgia

The FHA mortgage program has been a lifesaver for many Americans since its inception. The loan is insured by the Federal Housing Administration (FHA) and offered by mortgage lenders. Its popularity is fueled by its affordability coupled with relaxed qualification standards. If you’re in Georgia and thinking of buying a home it should be among your mortgage considerations. Moreira Team can help you apply for a Georgia FHA loan and ensure that you qualify for it.

FHA Purchase

Try Our Down Payment Calculator to See Which Loan Programs Might Work for You!

What are the FHA Loan Requirements in Georgia?

Qualifying for a Georgia FHA loan isn’t hard. Generally, you’ll need to make a down payment of 3.5% of the total loan amount and have a credit score of at least 640. Ideally you want your scores at 660 or higher so you can qualify for the best rate and the lowest payment. But that will depend on your credit history and other outstanding factors..

Purchase Affordability Calculator

Annual Salary

Interest Rate

Loan Term

10 15 20 25 30

Monthly Debt

Property Taxes

Home Insurance

Maximum Monthly Payment (P&I Only)


Maximum Monthly Payment (Total Payment)


Max Mortgage Amount


What are the FHA Mortgage Rates in Georgia?

Other than a good credit score and down payment requirements, Georgia FHA loans also have fairly low-interest rates. In fact, the current market is more buyer-friendly than it has been in a long time. Plus the FHA allows sellers to pay up to 6% of the closing costs. Other loans have a maximum of 3%, so depending on how you negotiate with the seller, you can reduce the costs of your loan significantly.

Today's Georgia Mortgage Rates

30 Yr. Fixed 6.625% APR 7.145%
15 Yr. Fixed 6.000% APR 6.530%
30 Yr. Fixed FHA 6.000% APR 6.987%
30 Yr. Fixed VA 6.125% APR 6.541%
Mortgage Rates as of June, 25 2024 See All Rates | See Rate Assumptions

In Georgia, the base maximum limit for FHA loans is $766,550 in all counties.

See How Easy it is to Get Your Custom Rate!
Watch Now

No matter what county you are in, if you need help applying for a Georgia FHA loan Moreira Team can help. Give us a call or apply today.