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FHA loan

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Johnny2009

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Post Posted: Sun May 31, 2009 5:52 pm    Post subject: FHA loan
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What are the requirements for FHA loan?
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Icon Mini Profile Garysnober





Joined: 17 Mar 2009

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Post Posted: Sun May 31, 2009 5:54 pm    Post subject:
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Hi Johnny2009, Well to start you need a min fico score of 620, A min of 3.5% Down Payment, 2+ years of stable work history, 2 months most recent bank statements, 2 most recent pay checks. These are the basic requirements. There are other numbers that come into affect like your debt and stuff like that.
Johnny2009

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Post Posted: Sun May 31, 2009 5:58 pm    Post subject:
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Hi gary. Thank you i think i have most of these covered to get a loan.
Icon Mini Profile Garysnober





Joined: 17 Mar 2009

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Post Posted: Sun May 31, 2009 6:00 pm    Post subject:
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Hi, No problem and hope all works out for you... Any other questions please dont hesitate to ask here on the forums. Thanks.
Icon Mini Profile gunzijjistaff
gunz.ijjistaff




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Post Posted: Sun May 31, 2009 10:03 pm    Post subject:
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Hi Johnny2009

Welcome to our forum.

The requirement for get FHA ( Federal Housing Administration ) Mentioned below.

1) You must have to 620* Fico score.

2) You must have to earlier bank statements.

3) You need to maintain your financial records clear.

4) 3.5% of loan amount for down payment is must.

5) Other Terms & Conditions will be applied by your location or lender.
Thanks & Regards.
Icon Mini Profile admin3





Joined: 26 Jan 2009

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Post Posted: Mon Jun 01, 2009 5:33 am    Post subject: FHA LOAN REQUIREMENTS
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Hello,

At this time thinking and getting loan is quite difficult but with FHA's recent recommendations now one can get loan after fulfilling all basic requirements.

Here no one can tell u in details about the basic requirements instead you should visit relevant local offices or visit other relevant websites eg

CDLoanmod.com

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Icon Mini Profile gmakerley
gmakerley
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Post Posted: Mon Jun 01, 2009 7:02 am    Post subject:
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what you've stated is not so, admin3. we have several lenders here who know the requirements, and gunzi and gary above both stated much of that quite well, in fact.

and your advertisement didn't escape our eyes either - please refrain from doing so.

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