Learn About FHA Loans and How You Can Qualify
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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 is the minimum down payment I can make for an FHA loan?
The minimum down payment is expressed in percentage of the loan, not in a dollar amount. FHA loan rules specify that this amount is 3.5%, but in some cases the lender may require a higher down payment...
What do I need to consider when I'm shopping for an FHA loan?
Shopping around for the right mortgage will help you to find the right loan type an the best deal. A mortgage is a product, just like a car, so the price and terms may be negotiable. You’ll want to co...
What credit score do I need to get an FHA loan?
Credit score requirements vary from lender to lender, but the FHA single family home loan minimum credit score requirement is 580 for maximum financing (requiring a 3.5% down payment). If your credit ...