FHA Loan District of Columbia | Extreme Loans

Looking for an FHA loan in Washington, D.C.? Extreme Loans is a licensed FHA lender serving residents throughout the District — from Georgetown and Capitol Hill to Adams Morgan, Dupont Circle, and Navy Yard. With low down payment requirements and flexible credit guidelines, an FHA loan can make homeownership in the nation’s capital more accessible than you think. Our team moves fast, communicates clearly, and handles everything in-house — so you close on time without the runaround.

What Is an FHA Loan?

An FHA loan is a government-backed mortgage insured by the Federal Housing Administration. It’s designed to help buyers with lower credit scores or limited savings qualify for a home loan. Key advantages include a down payment as low as 3.5%, more flexible debt-to-income (DTI) requirements compared to conventional loans, and competitive interest rates. FHA loans are popular with first-time buyers and those looking to move into D.C.’s competitive real estate market without a large upfront cash outlay.

Who Qualifies for an FHA Loan in D.C.?

• Credit score of 580+ for 3.5% down payment (scores 500–579 may qualify with 10% down)
• Debt-to-income ratio typically up to 43–57% depending on compensating factors
• Primary residence only — must be your main home
• Steady, verifiable income and employment history (typically 2 years)
• Property must meet FHA minimum property standards
• No active FHA foreclosures in the past 3 years

FHA Loan Requirements

• Down Payment: As low as 3.5% of the purchase price
• Mortgage Insurance: Upfront MIP (1.75%) + annual MIP (varies by loan term and LTV)
• Loan Limits: FHA loan limits for Washington, D.C. are set annually by HUD; D.C. qualifies as a high-cost area with limits well above the national baseline
• Appraisal: FHA-approved appraiser required to verify value and condition
• Property Types: Single-family homes, 2–4 unit properties (owner-occupied), approved condos

Washington, D.C.-Specific Details

Washington, D.C. is one of the most competitive real estate markets in the country. Property values in neighborhoods like Georgetown, Dupont Circle, Capitol Hill, and Logan Circle tend to be high, which means FHA’s elevated loan limits for the D.C. metro area are especially important. Many D.C. buyers use FHA financing to enter the market with less cash upfront while still competing effectively. Extreme Loans understands the unique dynamics of the D.C. market and can help you move quickly when inventory is tight.

D.C. also has a large population of federal employees and contractors — FHA loans are a strong fit for those with stable government income who want to put less down and keep cash reserves intact.

Why Choose Extreme Loans for Your D.C. FHA Loan?

• Licensed in D.C. — NMLS #MLB2025962
• In-house processing and underwriting for faster closings — our number says it all: 844-CLOSE-FAST
• Over 1,600 five-star Google reviews from real borrowers
• Transparent, honest communication from application to closing — no surprises
• Access to FHA, VA, conventional, jumbo, and more — all under one roof
• Average closing time of 14 days from application

See how we handle FHA loans in Michigan and VA loans in Michigan for more on our process.

FHA Streamline Refinance in D.C.

Already have an FHA loan in Washington, D.C.? The FHA Streamline Refinance lets you lower your rate and monthly payment with minimal paperwork and no appraisal required in most cases. If rates have dropped since you closed or your financial situation has improved, a Streamline Refinance could save you money every month. Extreme Loans handles Streamline Refinances quickly — often in as little as 14 days.

Frequently Asked Questions — FHA Loans in D.C.

Extreme Loans | NMLS #MLB2025962 | 29444 Northwestern Hwy. Ste. 100, Southfield, MI 48034 | Equal Housing Lender