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There are many factors you will need to pre-qualify for an FHA loan. You should be able to demonstrate employability, job stability and reliability. any foreclosures on your record should be at least three years old.

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June 18, 2018
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FHA.com is a private company, is not a government agency, and does not make loans.

How Do I Pre-qualify for an FHA Loan?

FHA Common Question #8

There are many factors you will need to pre-qualify for an FHA loan. You should be able to demonstrate employability, job stability and reliability. This reliability includes holding a steady job for at least two years with the same company or employer and increasing or at least consistent income.

Any foreclosures on your record should be at least three years old. The same applies for bankruptcy. The FHA loan bottom line-make sure you can demonstrate that you have been a good risk for two years or more and you will have a much better chance at pre-qualifying for an FHA loan.

NEXT:  Do FHA Lending Limits Ever Change?

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FHA Loan Articles and Mortgage News

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FHA Loan Rules for Luxury Items

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FHA Home Loan Rules for Closing Costs

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FHA Mortgages for Disaster Victims: Basic Qualifying Information

May 30, 2018 - What are the FHA loan rules for 203(h) mortgages for disaster victims? HUD 4000.1, the FHA Loan Handbook, has the basic rules and requirements for these loans which are made available to those recovering in federally-declared disaster areas.

FHA.com Reviews

FHA.com is a one-stop resource for homebuyers who want to make the best decisions when it comes to their mortgage. With our detailed, mobile-friendly site, individuals can access information about different FHA products, the latest loan limits, and numerous other resources to make their homebuying experience easier. Take a look at some of the reviews from other FHA.com visitors!