FHA Loans in New Jersey, Pennsylvania & Florida
FHA loans make homeownership accessible with low down payments and flexible credit requirements. Ai Remco LLC helps first-time buyers and those rebuilding credit reach their goals.
Low down payment
As little as 3.5% down for qualified borrowers.
Flexible credit
Credit scores as low as 580 may qualify.
Competitive rates
Government backing often means lower rates.
Seller contributions
Sellers can contribute up to 6% toward closing costs.
What is an FHA loan?
FHA loans are insured by the Federal Housing Administration, part of HUD. That government backing lets lenders offer more favorable terms than many conventional loans.
Created in 1934 to make homeownership accessible, FHA remains one of the most popular programs for first-time buyers and anyone with limited savings or imperfect credit.
FHA mortgage insurance
FHA loans require mortgage insurance: an upfront premium (UFMIP) of 1.75% of the loan amount, which can be rolled in, plus an annual premium (MIP) of roughly 0.45%–1.05% depending on term, amount, and down payment.
FHA loan limits by county
Limits vary by county and are updated annually. In high-cost areas — including parts of NJ and coastal FL — limits can exceed $1 million. We help you determine the limit for your county.
FHA requirements & who benefits
Basic requirements
- Minimum 580 credit score for 3.5% down (500–579 requires 10% down)
- Typically a 2-year steady employment history
- Property must be your primary residence
- Property must meet FHA minimum standards
- DTI generally below 43%
- Mortgage insurance premium (MIP) required
Who benefits from FHA
- First-time buyers with limited savings
- Buyers rebuilding credit after bankruptcy or foreclosure
- Borrowers with higher debt-to-income ratios
- Buyers using gift funds for the down payment
- Homeowners refinancing with FHA Streamline
Questions, answered
New Jersey counties where borrowers use this program
Ai Remco LLC is a licensed New Jersey mortgage broker serving borrowers throughout the state. These county pages explain how this program fits local property types, price ranges and municipalities.
- Mortgage broker in Warren County, NJ
Useful on older river-town housing and for buyers with a shorter credit history or a smaller down payment.
- Mortgage broker in Hunterdon County, NJ
An option in Flemington, High Bridge and other in-town markets.
- Mortgage broker in Morris County, NJ
Practical in Dover, Wharton, Rockaway and other in-town markets.
- Mortgage broker in Somerset County, NJ
A lower-down-payment route in the county's borough markets.
- Mortgage broker in Bergen County, NJ
Useful in Hackensack, Bergenfield, Lodi and Garfield-area purchases.
- Mortgage broker in Middlesex County, NJ
Common in Perth Amboy, Carteret, New Brunswick and Sayreville.
- Mortgage broker in Monmouth County, NJ
A low-down-payment route in Neptune, Keansburg and Long Branch.
See the full New Jersey mortgage broker hub for all 21 counties.
Ready to apply for an FHA loan?
Get a personalized FHA estimate, or talk to a licensed loan officer serving NJ, PA, and FL.
Ai Remco LLC, NMLS #2560393. Licensed mortgage broker. This page is for general information only and is not a commitment to lend. All loan applications are subject to credit approval, property appraisal, income and employment verification, and underwriting. Rates, terms, and availability are subject to change without notice and vary by borrower. Equal Housing Opportunity. See our Licensing & Disclosures page.