Learn About FHA Loans and How You Can Qualify
How can I improve my credit rating?
One of the most important aspects of getting your credit rating in shape before applying for an FHA home mortgage is time. If you believe your credit is in poor shape, you'll want to establish payment...
Who can qualify for an FHA loan?
FHA home loans are for any financially qualified borrower. You don’t have to earn a minimum amount of money, and there is no maximum income limit for FHA mortgages. There may be a perception that FHA ...
Can I pay off my FHA loan early without being penalized or charged a fee?
Yes, you can pay off your FHA loan without a penalty for early pay off. HUD explains that a borrower may pre-pay an FHA mortgage in whole or in part and that the mortgage lender can't charge a penalty...
How do I pre-qualify for an FHA loan?
Many factors will be taken into consideration during the pre-qualification process. You must be able to show that you are employable and demonstrate job stability. Reliability is a important, and is ...
What documents and information will my FHA lender require?
The FHA will ask for a lot of information, which will go on your loan application. Be sure to ask your loan officer for a complete list of required data and give yourself plenty of time to gather the ...
