FHA Loans Kansas City: Your Guide to Low Down Payment Homeownership
Last Updated: March 25, 2025
What Are FHA Loans?
FHA loans are government-backed mortgages insured by the Federal Housing Administration (FHA). Designed to make homeownership accessible, they offer flexible guidelines and lower down payment options compared to conventional loans. For Kansas City residents, FHA loans are an ideal choice in today’s competitive housing market. Learn more about our story and expertise at Metropolitan Mortgage.
Benefits of FHA Loans in Kansas City
- Low Down Payment: Start with just 3.5% down—perfect for first-time buyers. Explore our first-time homebuyer tips.
- Flexible Credit Requirements: Qualify with a credit score as low as 580 (or 500 with 10% down).
- Competitive Rates: Enjoy affordable interest rates tailored to Kansas City’s market.
- Fixer-Upper Friendly: Use an FHA 203(k) loan to buy and renovate a home in neighborhoods like Brookside or Waldo.
Why Choose FHA Loans in Kansas City?
Kansas City’s housing market is booming, with median home prices reaching $285,000 in 2025 (up 5% from last year), according to the Kansas City Regional Association of Realtors. An FHA loan lets you enter this market without needing a large down payment or flawless credit. Plus, with FHA loan limits in Kansas City at $524,225 for a single-family home in 2025 (source: FHA.gov), you can finance a wide range of properties—from starter homes in Independence to family houses in Lee’s Summit.
2025 FHA Loan Limits in Kansas City Counties
| County | Single-Family Limit | Two-Family Limit |
|---|---|---|
| Jackson County | $524,225 | $671,250 |
| Clay County | $524,225 | $671,250 |
| Platte County | $524,225 | $671,250 |
Source: FHA, effective January 1, 2025
How to Qualify for an FHA Loan in Kansas City
Qualifying for an FHA loan is straightforward, especially with Metropolitan Mortgage’s local expertise. Here’s what you need in 2025, based on HUD’s FHA guidelines:
- Credit Score: Minimum 580 for 3.5% down; 500-579 for 10% down.
- Debt-to-Income Ratio (DTI): Typically 43% or lower, though exceptions apply.
- Down Payment: At least 3.5% of the purchase price.
- Employment: Steady income with two years of employment history.
- Property: Must be your primary residence and meet FHA appraisal standards.
Want to run some payment scenarios? Use or calculator to run FHA loan payments!
Step-by-Step Guide to Getting an FHA Loan in Kansas City
- Check Your Eligibility: Contact us for a free consultation or pre-approval.
- Gather Documents: Provide proof of income, credit history, and ID.
- Find a Home: Work with a Kansas City real estate agent to find an FHA-eligible property.
- Apply with Us: Submit your application through Metropolitan Mortgage.
- Appraisal & Approval: We’ll handle the FHA appraisal and underwriting process.
- Close the Deal: Sign your paperwork and move into your new Kansas City home!
Why Metropolitan Mortgage for Kansas City FHA Loans?
With over 20 years of experience and an A+ BBB rating, Metropolitan Mortgage is Kansas City’s trusted FHA lender. We’ve helped over 10,000 families secure their dream homes with personalized service and competitive rates. Considering refinancing? See our FHA streamline refinance options. Here’s what our clients say:
“Metropolitan made my FHA loan process seamless. I was in my Brookside home in just 30 days!”
— Sarah T., Kansas City, MO
“As a first-time buyer with a 600 credit score, I didn’t think I’d qualify. They got me approved with 3.5% down!”
— James R., Independence, MO
FHA Loans Kansas City FAQs
Can I use an FHA loan for a fixer-upper in Kansas City?
Yes! The FHA 203(k) loan lets you finance both the purchase and renovations—perfect for restoring historic homes in areas like the West Bottoms.
What’s the difference between FHA and conventional loans in Kansas City?
FHA loans require lower down payments and credit scores but include mortgage insurance premiums (MIP). Learn more in our FHA vs. Conventional Loans guide.
Who are the best FHA lenders in Kansas City?
We’re biased, but Metropolitan Mortgage tops the list! Check out our full ranking here.
Take the Next Step with FHA Loans in Kansas City
Ready to buy your Kansas City home with an FHA loan? Whether you’re eyeing a bungalow in Midtown or a suburban retreat in Overland Park, we’re here to help. Get pre-approved today and join thousands of satisfied homeowners who trusted Metropolitan Mortgage.