Is an FHA Loan right for you?

FHA Loans are ideal for first-time homebuyers looking for a mortgage with low down payment options and more flexible credit and income requirements. Let MECU mortgage experts guide you to the best mortgage option for your budget and lifestyle.

Put as little as 3.5% down
More lenient credit and income requirements than other mortgages
Our mortgage experts are ready to help

Advantages of FHA Loans

  • More lenient income and credit requirements
  • Buy a home with a down payment as low as 3.5%
  • Up to 100% of your down payment can be a gift from a family member or friend
  • Required mortgage insurance is often tax deductible*
  • We'll help you find homebuying grants and incentives that provide down payment assistance
Banking with MECU Credit Union in Maryland means belonging to a local financial institution that invests in the Baltimore community and offers competitive rates on mortgage loans and other home lending products.