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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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October 21, 2019
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FHA.com is a privately owned website, 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.

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FHA Loan Articles and Mortgage News

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