Although the FHA offer less stringent qualification requirements for borrowers who may have a problem with their credit score, it does not mean that those …
credit score
Are You a First-Time Homebuyer per the FHA?
The term “first-time homebuyer” could easily mean someone who is buying a home for the first time. But the FHA has a broader definition to include those …
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FHA Policy Update Addresses Credit Score Issues on FHA Loans
Ideally, you only need a minimum FICO score of 500 to qualify for an FHA loan. You need at least 580 to qualify for the 3.5 percent down payment. This makes an …
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