How do I find out if I'm eligible for a FHA loan?

How do I find out if I'm eligible for a FHA loan?
by

1 Answer

Answer :

The requirements for an FHA loan can be found here: http://fha.mortgageloanplace.com/fha_who_qualifies.html. Simply fill out a short form and you will be told if you meet the requirements.
by

Related questions

I need more information on FHA loans, as my loan officer tells me I am eligible for one.?

Description : I need more information on FHA loans, as my loan officer tells me I am eligible for one.?

Last Answer : You can get information on FHA loans from government sites. Depending on how much you want to find, there are many mortgages that you can apply for on the site.

What are the qualifications for an fha loan?

Description : What are the qualifications for an fha loan?

Last Answer : Why do you want an FHA loan?

FHA - Home Loan Program?

Description : FHA - Home Loan Program?

Last Answer : The FHA HUD loan program has been assisting people with realestate purchases since the Great Depression. Tens of millions ofmortgage have been insured by HUD through the years, and they haveprovided ... loan money for firstmortgages, it insures a mortgage given by a HUD approved lender.Becaus

FHA Mortgage Loan Calculator?

Description : FHA Mortgage Loan Calculator?

Last Answer : FHA Mortgage Loan CalculatorUse this calculator to determine the maximum FHA mortgage that would be allowed for your home purchase and an estimate of your required downpayment and closing costs. This ... . Then use the calculator below to determine the required downpayment and FHA mortgage limit.-

Does one have to be a first time home buyer to qualify for an FHA loan?

Description : Does one have to be a first time home buyer to qualify for an FHA loan?

Last Answer : No, you do not have to be a first time homebuyer to qualify for an FHA loan; however, a first time home buyer is often better suited for a FHA loan as the government insures the loan which ... qualify for an FHA loan. FHA loans are designed to help first time home buyers to afford their purchase.

What does the FHA in an fha home loan stand for?

Description : What does the FHA in an fha home loan stand for?

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

How do I obtain an FHA loan?

Description : How do I obtain an FHA loan?

Last Answer : Almost anybody can get an FHA loan. There are no income limits the FHA loan is a federal assistance mortgage loan in the United States insured by the Federal Housing Administration.

How do I apply for an FHA loan?

Description : How do I apply for an FHA loan?

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.

can an REO SELLER/ BANK charge a buyer "per diem" when the buyer is using an FHA loan ?

Description : can an REO SELLER/ BANK charge a buyer "per diem" when the buyer is using an FHA loan ?

Last Answer : Yes, a REO seller can charge a buyer per diem interest when the buyer is using an FHA loan. A per diem fee can be around $150 per day.

What does an FHA loan cost to get?

Description : What does an FHA loan cost to get?

Last Answer : The cost of the FHA Loan depends on what kind of loan you receive. Their down payments do go as low as 3.5%, and they have many options.

Is an FHA loan a type of government mortgage assistance?

Description : Is an FHA loan a type of government mortgage assistance?

Last Answer : Yes, an FHA loan is a special program for first time home-buyers. It offers you a first time home buyer credit and is a form of government assistance.

What are some FHA mortgage requirements and how does credit affect the amount of loan you are able to get?

Description : What are some FHA mortgage requirements and how does credit affect the amount of loan you are able to get?

Last Answer : Some FHA mortgage requirements are being employed and having a decent credit score. Your credit doesn't affect the amount you can be loaned as much as how much money you make.

What are the benefits of an FHA home loan?

Description : What are the benefits of an FHA home loan?

Last Answer : One of the benefits of an FHA loan is that the payments are the same for the duration of the loan. One can have a low credit score and still be able to obtain an FHA loan.

What are the FHA loan requirements for mortgage insurance?

Description : What are the FHA loan requirements for mortgage insurance?

Last Answer : The FHA, or Federal Housing Administration, provides mortgage insurance on loans made by FHA-approved lenders. FHA insures these loans on single family and multi-family homes in the United States ... properties since 1934 when it was created. Learn more about FHA loan requirements and guidelines.

FHA Loan Calculator and Loan Options?

Description : FHA Loan Calculator and Loan Options?

Last Answer : FHA loans were created to help minority people and other first-time home owners purchase a home. A FHA Loan calculator can help you figure out how much mortgage you can afford. It is important to be ... You must also figure in the annual taxes for the home. All of these figures will help you dete

How do I compute the financial advantages and disadvantages of taking Social Security as soon as I'm eligible?

Description : How do I compute the financial advantages and disadvantages of taking Social Security as soon as I'm eligible?

Last Answer : I receive a statement every year from Social Security 2 months before my birthday. It tells me what my payment will be at age 62 if I stop working then. It tells me what the payment will be at full ... It also tells me what I would make if I became disabled at this time. Is this what you mean?

How do I find if I'm eligible for food stamps?

Description : How do I find if I'm eligible for food stamps?

Last Answer : You have to meet certain poverty guidelines. If you go to the main site in your state, it will give you the qualifications you have to meet in order to apply.

What rules does a FHA lender have to follow that a traditional mortgage lender does not?

Description : What rules does a FHA lender have to follow that a traditional mortgage lender does not?

Last Answer : FHA loans are handled differently and have guidelines set forth by the government restricting everything from income limits to down payment amounts. The normal mortgage lenders have guidelines but not nearly as strict as FHA.

Are Fannie Mae and Freddie Mac FHA lenders?

Description : Are Fannie Mae and Freddie Mac FHA lenders?

Last Answer : No Fannie Mae and Freddie Mac are not FHA lenders. FHA loans are guaranteed loans and the others are not. FHA loans also have different guidelines and qualification tools.

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

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

Last 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.

need someone that will do mfg home fha loans in sc.?

Description : need someone that will do mfg home fha loans in sc.?

Last Answer : Check out Palmetto South Mortgage Corp. 830 Gracern Rd Cola (803)791-9790..ask for Brian Foxworth.. Super nice guy and very informed..if anyone can help..it's them. Tell him Gene sent ya.. Proficio Mortgage Home Loans can do it, 4801 E. Independence Dr #1000, Charlotte, NC - (704) 877-9404

FHA Lending institution in Portage, IN?

Description : FHA Lending institution in Portage, IN?

Last Answer : Private Lending Group is approved for that. 150 N Michigan Ave # 2740, Chicago, IL�?? - (312) 938-0492�??

What are the current FHA interest rates Where can I go on line to see daily changes.?

Description : What are the current FHA interest rates Where can I go on line to see daily changes.?

Last Answer : The current 15-year FHA rate is 5.42% You can find rates daily at: http://www.mortgage101.com/Articles/DailyRatesurvey.asp

Where would I get information on the requirements to apply for fha loans?

Description : Where would I get information on the requirements to apply for fha loans?

Last Answer : You can get all the information you will ever need on the internet. Just go to FHA and search for the Federal Housing Administration/U.S. Department of Housing and Urban Development. Look for FHA loan requirements.

Which site has the best reviews on FHA loans?

Description : Which site has the best reviews on FHA loans?

Last Answer : Quicken Loans is one of the best FHA lenders. Their website is www.quickenloans.com. Another good FHA lender is Wells Fargo www.wellsfargo.com. Bank of America also is an FHA lender. You can go to ... a lot of good information on FHA lenders. This site will take you to the FHA lenders cited above.

What are FHA mortgage requirements?

Description : What are FHA mortgage requirements?

Last Answer : There are many ways to explore an FHA loan and find out the FHA mortgage requirements. Usually the easiest solution is to talk to your local banker. It is also possible to obtain this information via the FHA.gov website.

What do you think of this law in Oregon that automatically registers eligible voters to vote, unless they opt out?

Description : What do you think of this law in Oregon that automatically registers eligible voters to vote, unless they opt out?

Last Answer : Probably just not vote. Why not keep your options open?

How can I find out if I am eligible to recieve any money for school?

Description : How can I find out if I am eligible to recieve any money for school?

Last Answer : You should check with your states department of education, as they often have programs to assist you. You should also talk to your school's financial counselor, who would be able to assist you to find private sources of funding as well as public.

How can I find out if I am eligible for food stamps?

Description : How can I find out if I am eligible for food stamps?

Last Answer : There is a program out there to determine your eligibility for food stamps. Go to the local government site to check the calculator tool they have posted.

If my wife draws disability is she also eligible to recieve her spousal social security benifits?

Description : If my wife draws disability is she also eligible to recieve her spousal social security benifits?

Last Answer : I suggest you either call the Social Security office or go there in person to inquire. They won’t give it to her if she is not eligible, but if she is, they will advise her as to what forms are necessary to apply.

What do you think about the rule in football that a blocker or holder needs to be declared an eligible receiver to catch a pass?

Description : What do you think about the rule in football that a blocker or holder needs to be declared an eligible receiver to catch a pass?

Last Answer : The only players who are allowed to catch the ball are the goal keepers.

If you pass the Exit Exam in high school are you then automatically eligible to leave with a diploma in hand?

Description : If you pass the Exit Exam in high school are you then automatically eligible to leave with a diploma in hand?

Last Answer : answer:Nope. You still need the credits, hours, plus whatever else your school may require on top of the exit exam. Trust me, when you take the exit exam you’ll see why they don’t just hand you your diploma afterwards. That thing is stupid easy.

Gifts for a man about to become eligible for the sr. citizen discount at the movie theater?

Description : Gifts for a man about to become eligible for the sr. citizen discount at the movie theater?

Last Answer : answer:My husband seems to enjoy various computer enhancements, such as added memory. A musical instrument for under $200, what, a kazoo?

How would one begin to form a non-profit spiritual organization eligible for grants and government assistance?

Description : How would one begin to form a non-profit spiritual organization eligible for grants and government assistance?

Last Answer : Step 1: Get people behind you who will support you and maybe even finance you.

Do you think it's morally or ethically acceptable for seniors to hide their financial assets to then become Medicaid eligible, and eligible for other government aid?

Description : Do you think it's morally or ethically acceptable for seniors to hide their financial assets to then become Medicaid eligible, and eligible for other government aid?

Last Answer : answer:I think if they've been paying into Medicaid all their lives, they have the right to draw from it when they are of an eligible age. I also think it's utter bullshit that this is a ... our elders. YES we should take care of all of our citizens, regardless of their age and income status.

What do I have to do in order to be eligible for Wheel of Fortune's Thanks a Million Sweepstakes?

Description : What do I have to do in order to be eligible for Wheel of Fortune's Thanks a Million Sweepstakes?

Last Answer : answer:Being a sucker is a good start. Sweepstakes are a way for marketing to draw you to their product. In this case Wheel of Fortune. Take that energy and put it to better use. ;-)

Is an m.b.a from India eligible for admission in a post doctoral course in u.s.a &u.k?

Description : Is an m.b.a from India eligible for admission in a post doctoral course in u.s.a &u.k?

Last Answer : An MBA is not a requirement for enrollment in a PhD program.

When does a Walmart employee become eligible for benefits?

Description : When does a Walmart employee become eligible for benefits?

Last Answer : Most employers give benefits at 90 days if I’m not mistaken. You could ask your boss if you work there, or call and ask. :)

In CA, if you get fired, are you eligible for unemployment?

Description : In CA, if you get fired, are you eligible for unemployment?

Last Answer : I don’t see why not.. as long as you worked long enough to qualify.

If I have status with an airline, and buy a ticket through a 3rd party site like Orbitz, will I be eligible for upgrades?

Description : If I have status with an airline, and buy a ticket through a 3rd party site like Orbitz, will I be eligible for upgrades?

Last Answer : don't think so. you could try fenagling it with delta after you bought the tickets, but the folks at orbitz, etc. tend to wash their hands of the airline policy.

Am I eligible for dental insurance?

Description : Am I eligible for dental insurance?

Last Answer : answer:I doubt you'll have any trouble. Dental insurance seems to work differently than medical. I think you pretty much will always qualify, but they have high premiums with very low max ... would start my contacting your current health insurance provider and see if they have any dental plans.

Mr. Konar was not found eligible for the election as the Vice-President -SST 10th

Description : Mr. Konar was not found eligible for the election as the Vice-President -SST 10th

Last Answer : Mr. Konar is disqualified for election as the Vice-President on the following grounds: (i) He might not have completed the minimum age of thirty five years. (ii) He may not be qualified for election as a member of Council of States.

Mention the common qualifications required to be eligible -SST 10th

Description : Mention the common qualifications required to be eligible -SST 10th

Last Answer : No person is eligible for election of President unless he (i) is a citizen of India, (ii) has completed the age of thirty-five years, and (iii) is qualified to become a member of the Lok ... the Government, and (iv) should not be a member of either House of Parliament or of State Legislature.

Mention the common qualifications required to be eligible -SST 10th

Description : Mention the common qualifications required to be eligible -SST 10th

Last Answer : 'This answer was deleted by our moderators...

Mr. Konar was not found eligible for the election -SST 10th

Description : Mr. Konar was not found eligible for the election -SST 10th

Last Answer : This answer was deleted by our moderators...

Eligible to drink: What will be expressed in one word ?

Description : Eligible to drink: What will be expressed in one word ?

Last Answer : : Drinkable: Readable.

In which section is the specific performance of the contract eligible for realization ?

Last Answer : According to section 12 of the Specific Remedies Act.

Which type of investment is eligible for tax rebate ?

Last Answer : The appropriate investment sector to get tax rebate: The list of taxpayer investment sector is given below: Life Insurance Premium. Contributions to the Provident Fund of Government Officials. ... the Government of Bangladesh ; Invest in purchasing a computer or laptop within certain limits.

What type of investment or donation is eligible for tax rebate ?

Last Answer : If a taxpayer invests or donates in the following cases, he will get 15% direct income tax rebate on the investment and donated amount. Investment Sector: Below is a list of investment and donation sectors of a ... applicable) or 1 , 50 , 000 , 000 /. = Money or actual investment, whichever is less

Which person is eligible to pay income tax ?

Last Answer : : Under Roth Act 2015, every person will be considered eligible to pay income tax if the income limit of taxpayer (including non-resident Bangladeshi) , Hindu joint family , partnership firm , individual association and ... is above Rs. 4 , 25,000 / =, he will be eligible to pay income tax .