what do you need to be approved for a fha loan on a house?

2011-12-06 / fha loan / 2 Comments

have excellent credit and 2000 down and the house is 55k dollars.

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If your approved for a FHA loan and your mortgage lender is using the Genesis program is there any more help?

2011-09-29 / fha loan / 3 Comments

I need more help for closing costs and downpayment. The home is in Oklahoma. I’m a single mom and 1st time homebuyer.

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I am approved for an FHA loan. However I haven’t filed my taxes is this going to disqualify me?

2011-09-15 / fha loan / 3 Comments

Would it be possible to work out an arrangement to utilize the loan with the agreement whatever credit be applied to any back taxes owed? Assuming the amount owed is less than the credit (which it would be)

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I just got approved for a FHA loan, are there any Down Payment assistance grants i can look into?

2011-08-30 / fha loan / 5 Comments

I am a first time home buyer in Columbus Ohio and i heard about Down Payment Assistance Grants program that could exist. Could anyone shed some light on this?

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What are all the requirements to get approved for an FHA loan?

2011-08-14 / fha loan / 4 Comments

Do I need to have funds in reserve as well?

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Can I get approved for an FHA loan even if I have a lot of debt?

2011-08-06 / fha loan / 6 Comments

My husband and I would love to jump on purchasing a house to take advantage of the tax credit, but we have a considerable amount of debt– his is in student loans, and mine is in credit cards.

Our current rent payment is substantially more than our mortgage payment would be, so we know we are capable of taking care of the costs. However, we are concerned about getting approved in the first place, given our debt is so high.

What are the chances that we will be approved without having to spend a year or three paying down our debts?

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Is it possible to get approved for an FHA loan if I have a federal Perkins grant in default?

2011-08-03 / fha loan / 2 Comments

I am getting conflicting answers from two different lenders. I asked this question last week, but it was removed before I could read all the answers. Any advice?
Correction-Federal Perkins Loan (not grant). Thanks!

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Will my FHA Loan be denied? I traded in my car a few weeks before I was pre approved for a home loan.?

2011-07-24 / fha loan / 3 Comments

I traded in my car a few weeks before my loan was pre approved. My car note went up 90.00 making my debt to ratio 22/46 . Credit score is 630..will FHA deny me because of this or will they give me options before not approving the loan.

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What does it mean to be approved with conditions for a fha loan?

2011-07-23 / fha loan / 2 Comments

If we meet all the conditions, will the underwriter clear it?

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