Can I get a Federal Housing Administration (FHA) mortgage if I have bad credit?

1 Answer

Answer :

Federal Housing Administration guidelines require a minimum credit score of 620, two years since the last bankrupcy and three years since the last foreclosure. Individual lenders may have more strict requirements.

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Last Answer : FHA stands for Federal Housing Authority. This is a department in the federal government that helps to insure affordable housing.

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Last Answer : There are six ways to apply for a FHA loan: online, download application, phone, fax, in-person, or by mail. Go to this website: http://portal.hud.gov/portal/page?_pageid=73,1827594&_dad=portal&_schema ... It's really easy to apply online. Go to the site listed above and you can quickly get started.

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