FHA loans in Arizona
FHA loans: flexible credit, 3.5% down.
FHA loans are insured by the Federal Housing Administration and are built for buyers with smaller down payments or credit that is still being rebuilt.
3.5% down
Minimum down payment for eligible borrowers meeting credit requirements.
Flexible guidelines
FHA allows more flexibility on credit scores, debt-to-income ratios, and recent credit events than many conventional programs.
Mortgage insurance
FHA has an upfront and annual mortgage insurance premium. Compare total monthly cost with conventional.
Refinance later
Many borrowers later refinance to conventional to remove mortgage insurance once they have enough equity.
Mortgage News Daily national FHA market average
7.20%
This is a national market average, not an individual quote or a rate offered by Russell Capital Mortgage. Your actual FHA rate may vary.
Source: Mortgage News Daily — Daily Rate Index. Updated October 8, 2026.
Start a guided journey
Guides for this topic
FHA vs. conventional: which is cheaper for you?
Mortgage insurance is the deciding factor more often than the interest rate.
CreditFive credit moves that raise your score before closing
Small balance changes can shift your pricing tier in under 30 days.
CreditDebt-to-income ratio, explained simply
The number lenders use to size your loan, how to calculate it, and how to improve it.
Common questions
General education only; not an offer or commitment to lend. All loans subject to credit approval and program guidelines. Russell Capital Mortgage, NMLS #2612126, is licensed in Arizona only.
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