FHA Loan Requirements – How to Qualify for an FHA Loan

FHA Loan Requirements – How to Qualify for an FHA Loan

FHA Loan Requirements – How to Qualify for an FHA Loan. In this video I go over some of the advantages of getting pre-approved with the Dream Home Funder team at AFN. There are 3 things that you must have in order to get an FHA loan.

1) Credit – Must have at least a 580 FICO score to qualify. If you have less than a 580 please contact us as we have ways to help increase your scores.
2) Income – Must have a job or income that we can document to qualify you for an FHA Home Loan.
3) Down Payment of at least 3.5%. Down payments can come from checking / savings accounts, gifts from family, borrowing them from your 401k, or the sale of an asset to mention a few.

If you’ve been turned down for an FHA loan in the past don’t worry we are happy to provide you with a free consultation to get you on the path to qualifying. Please visit me online at https://dreamhomefunder.com/ call me at 602-753-5182, email ryan@dreamhomefunder.com my team is in place and ready to assist.

Thank you for subscribing to my channel! Any feedback and comments on future questions you would like answered are greatly appreciated. Feel free to reach out for all things Real Estate Related. If you’re looking for a professional Realtor in your area also let me know as I’m connect with some of the best Real Estate Agents across the United States.

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