FHA Loans

Get more information about FHA Loans

THERE ARE SOME REQUIREMENTS IN ORDER TO GET APPROVED FOR FHA LOANS

  • FICO® score at least 580 = 3.5% down payment.
  • FICO® score between 500 and 579 = 10% down payment.
  • MIP (Mortgage Insurance Premium ) is required.
  • Debt-to-Income Ratio < 43%.
  • The home must be the borrower’s primary residence.
  • The borrower must have a steady income and proof of employment.

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