Truist · Bank
Truist
Review published mortgage options and requirements, then request a personalized quote from the lender.
Key borrower, credit, property-use and reserve requirements have not been verified for this selection.
Availability: Applications, agreements, disclosures, and other servicing communications provided by Truist Bank and its subsidiary businesses will be provided in English.
Our take: Pros & Cons
What we like
- Some FHA loans finance up to 96.5% of the purchase price.
- A family member or employer may gift the full down payment.
What to consider
- Annual mortgage insurance typically continues for the loan term when down payment is below 10%.
- Adjustable rates may increase after consummation.
- Verify current rates, APR and borrower assumptions through the lender.
AI-generated lender-level assessment based on published information. Not a verified assessment of Federal Housing Administration (FHA) loans; confirm program-specific conditions below.
Newcomer requirements
Federal Housing Administration (FHA) loans
Fit not assessed · Check fit
Verified published requirements for this program. Rate-example assumptions are separate and do not establish eligibility or approval.
View full lender requirements
- Other conditions
- A family member or employer can give 100% of the down payment as a gift. You typically will pay an annual mortgage insurance premium (MIP) for the entire term of the loan with down payments less than 10%.
Questions to confirm with the lender (16)
These requirements have not been verified for this program:
- SSN
- ITIN
- U.S. credit history
- Foreign credit history
- No credit history
- Residency / visa
- Minimum credit score
- Minimum down payment
- Income documentation
- Employment documentation
- Foreign income
- Foreign assets
- Reserves
- State restrictions
- Property restrictions
- Occupancy
Requirements last reviewed: Oct 27, 2026 · Official requirements source
Rates and costs
Federal Housing Administration (FHA) loans
Rates are available on request
No reviewed advertised rate example is linked to this program.
How to apply
Federal Housing Administration (FHA) loans
Document requirements are not confirmed. Ask the lender for its program-specific checklist.
- Confirm the program's identity, residency, credit and property requirements with the lender.
- Use the official application channel to request pricing for your actual scenario.
- Review the lender's written Loan Estimate, including costs and cash to close.
Published eligibility and availability do not guarantee approval. Confirm membership, relationship, property and occupancy conditions with the lender.
Sources and methodology
About this lender
Truist FHA mortgage financing offers fixed-rate and adjustable-rate options and financing up to 96.5% of the purchase price on some loans. Eligible family or employer gifts may cover the down payment; mortgage insurance conditions apply.
Legal lender: Truist Bank
Lending channel: Direct lending
Provider type: Bank
Lending channels: Direct lending. Origination status: Not stated.
More lender directory information
Direct application information ↗
Applications, agreements, disclosures, and other servicing communications provided by Truist Bank and its subsidiary businesses will be provided in English.
Directory verified: 2026-10-27 UTC · Official directory source ↗
Official mortgage terms · Profile reviewed: Oct 27, 2026
- Official lender source · Last checked Oct 27, 2026
What do APR, points, LTV and reserves mean?
- APR
- An annualized borrowing-cost measure that includes interest and certain loan charges. Read it alongside the interest rate and fees.
- Discount points
- An upfront charge expressed as a percentage of the loan amount. Compare the quoted interest rate and the points together.
- LTV
- Loan-to-value: the loan amount relative to the property's value.
- Reserves
- Assets the lender may require you to retain after closing. Requirements differ by program.