FHA Loan Requirements: 5 Critical Facts + 17 Common FHA Questions
The FHA (Federal Housing Administration) is helping turn the American dream of homeownership into a reality. An FHA loan offers borrowers a greater opportunity at qualifying for a loan to buy a home by using a different set of requirements and guidelines that both protect lenders and give home buyers opportunity!
Table of Contents (Click each section to jump to it):
- What is an FHA Loan?
- What you Need to Know
- FHA Loan Requirements
- FHA Loan Limits
- FHA vs. Conventional
- Other Important FHA Tips
- 17 Common FHA Loan Questions Answered
Without further ado, let's dive in and discuss FHA loans in detail
What is an FHA Loan?
FHA loans are often one of the…