FHA Loans in Arizona
The FHA loan limit in Arizona is $472,030 for a single-family home. FHA loans require just 3.5% down payment and accept credit scores as low as 580.
The standard FHA loan limit covers most of Arizona's housing market, though it can be tight in Scottsdale and some Phoenix suburbs where prices have pushed above $500,000. FHA loans are especially popular with first-time buyers in Tucson and the East Valley (Mesa, Gilbert, Chandler) where prices align well with the loan limits. Arizona's dry climate and newer construction stock means fewer FHA appraisal issues related to structural defects compared to states with older housing.
By BuyAHomeIn Editorial | Updated 2026-03-02 | Sources: HUD, Zillow
FHA Loan Limit
$472,030
Min Down Payment
$16,521
3.5%
Est. Monthly Payment
$3,379
PITI + MIP
Min Credit Score
580
for 3.5% down
Monthly Payment Breakdown at FHA Limit
| Home Price | $472,030 |
| Down Payment (3.5%) | $16,521 |
| Loan Amount | $455,509 |
| Monthly Costs | |
| Principal & Interest (6.5%) | $2,879 |
| FHA Mortgage Insurance (MIP) | $209 |
| Property Tax | $173 |
| Homeowners Insurance | $118 |
| Total Monthly Payment | $3,379 |
* Estimated at 6.5% interest rate, 30-year fixed. MIP at 0.55% annual. Property tax at Arizona's average rate of 0.44%. Includes upfront MIP of 1.75% rolled into loan.
FHA Loan Requirements
Credit Score
580+ for 3.5% down payment. 500-579 requires 10% down.
Down Payment
Minimum 3.5% of purchase price. Can be a gift from family.
Debt-to-Income
Maximum 43% DTI ratio (up to 50% with compensating factors).
Property Requirements
Must be primary residence. FHA appraisal required (stricter than conventional).
Employment
2 years of steady employment history. Self-employed need 2 years of tax returns.
Mortgage Insurance
1.75% upfront MIP + 0.55% annual MIP. Required for life of loan (unless refinanced).
FHA vs Conventional in Arizona
| Feature | FHA | Conventional |
|---|---|---|
| Min Down Payment | 3.5% | 3-5% |
| Min Credit Score | 580 | 620 |
| Mortgage Insurance | Life of loan | Until 20% equity |
| Loan Limit (Arizona) | $472,030 | $766,550+ |
| Best For | Lower credit, small savings | Good credit, 20%+ down |
