The FHA Access loan program is designed to help homebuyers in California and some counties in Nevada acquire a loan for up to 103% of the appraised value of a home without the sellers assistance. The program combines a regular FHA loan with 3 percent down payment and a 2nd FHA Access loan totaling 6 percent of the sale price. The 6 percent on the FHA Access loan covers the 3 percent downpayment and the other 3 percent covers the closing costs. This enables borrowers to purchase a new home with very little or no money out of pocket. This mortgage is fully amortized for 20 years.

Get a loan for up to 103% of the appraised value of a home in select areas.FHA Access Mortgage

Features & Benefits:

• FHA 103% Loan
• No down payment needed
• No first time homebuyer requirements
• No recapture tax
• Single family home and condominiums only

Income and maximum loan limits may apply.


Calculate monthly payment and amortization.

Programs available to qualified borrowers only. Some Restrictions may apply. Programs subject to change without notice. Contact eLucid for more information.

Ready to Get Apply?

Applying for a mortgage to purchase or refinance a home is simple with eLucid.

Get Started Now!

Share this Mortgage Option