* No income restrictions.

* Down payment as low as 3.5 percent of the purchase price.

* Down payment may be 100 percent gift from relative.

* Loan size now expanded to $729,000.

* Co-signers are allowed.

* Purchase or refinance.

* Do not need to be a first-time home buyer.

* Credit score to 580 acceptable.

* One- to four-family homes qualify.

For more information on FHA loans, go to http://www.hud.gov/buying/loans.cfm.