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FHA loans in Arkansas

Quick answer

FHA loans in Arkansas require 3.5% down with a 580+ credit score; on a $175,300 home that's about $6,136. County FHA limits start at $541,287 for one-unit homes in lower-cost areas.

By Purchase Mortgage Loan Editorial Team Checked against official sources per our editorial standardsLast updated

FHA loan snapshot for Arkansas

ItemEstimate
Minimum down payment3.5%
Minimum credit score580
Typical AR home value$175,300
3.5% down on typical home$6,136
20% down on typical home$35,060
Avg. effective property tax0.57%/yr (~$84/mo)
Income for typical home (31% rule)$53,000

Rate assumption: 7.18% (Freddie Mac PMMS 30-year fixed average, week of November 5, 2026). Change it in the payment calculator.

Which Arkansas programs pair with FHA loans?

  • ADFA Move-Up: A fixed-rate first mortgage for first-time and repeat buyers who meet income limits.
  • ADFA Down Payment Assistance: A deferred second mortgage that can cover part of the down payment and closing costs.

Details and current limits: Arkansas Development Finance Authority (ADFA).

Who is an FHA loan best for?

FHA is designed for buyers with modest savings or credit that's still being built. Because the government insures the lender against loss, lenders can approve borrowers they might otherwise decline.

  • Credit scores between 580 and 680.
  • Debt-to-income ratios up to about 50% with compensating factors.
  • Buyers using gift funds for the entire down payment.
  • Buyers who had a bankruptcy 2+ years ago or foreclosure 3+ years ago.

How much does FHA mortgage insurance cost?

The upfront premium (UFMIP) is 1.75% of the base loan amount and is usually rolled into the loan. The annual premium for most 30-year loans is 0.55% of the balance, paid monthly. With less than 10% down, annual MIP lasts for the life of the loan; with 10% or more, it ends after 11 years. Many owners later refinance into a conventional loan to drop MIP.

FHA loans in Arkansas cities

FHA in Little RockFHA in FayettevilleFHA in Fort SmithFHA in SpringdaleFHA in JonesboroFHA in RogersFHA in ConwayFHA in North Little RockFHA in BentonvilleFHA in Pine BluffFHA in Hot SpringsFHA in BentonFHA in SherwoodFHA in Bella VistaFHA in ParagouldFHA in TexarkanaFHA in JacksonvilleFHA in RussellvilleFHA in CabotFHA in West MemphisFHA in Van BurenFHA in SearcyFHA in BryantFHA in CentertonFHA in MaumelleFHA in Siloam SpringsFHA in El DoradoFHA in Hot Springs VillageFHA in MarionFHA in HarrisonFHA in BlythevilleFHA in Mountain HomeFHA in Forrest CityFHA in BatesvilleFHA in MagnoliaFHA in MalvernFHA in LowellFHA in CamdenFHA in Arkadelphia

Frequently asked questions

Yes. FHA loans are available statewide in Arkansas through approved lenders, subject to county loan limits where they apply.

Often yes. Arkansas Development Finance Authority (ADFA) and local programs frequently pair assistance with FHA, conventional, VA or USDA first mortgages. Eligibility depends on income, price and program rules.

Answer a few questions on Purchase Mortgage Loan and we'll match you with lenders and loan officers in our network who serve Arkansas.

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Figures on this page are estimates for educational purposes only and are not a loan offer or commitment to lend. Rates, loan limits, fees and assistance programs change frequently and vary by lender, location and borrower profile. Confirm current terms with a licensed loan officer.