Are FHA loans only for first-time buyers?
No. FHA is open to any qualified buyer purchasing a primary residence — first-time or repeat. There is no first-time-buyer requirement.
Plain-English explanation
The misconception comes from FHA being so popular with first-time buyers because of the lower down payment and credit flexibility. Repeat buyers can use it too, as long as the property is intended as a primary residence. Investment property and pure second homes are generally not allowed.
What can change the answer?
FHA program rules can change, lender overlays vary, and your specific file (credit, income, property, occupancy) drives the actual answer.
Related
Want the real answer for your file?
FHA guidelines are the rule. Your credit, income, payment, property, and county limit are what decide the actual answer.
More FHA questions on Basics
Educational only. FHA guidelines, lender overlays, rates, fees, and underwriting requirements can change. Final eligibility depends on full underwriting review.