WHO CAN QUALIFY FOR AN FHA HOME LOAN?
They can be first time home buyers or it may be their second home or whatever. It really does matter. All you need to do is meet the FHA guidelines as a home buyer. I once thought FHA loans were only for first time home buyers. That simply is not the case. Now you may wonder how I can say this with such confidence. I’ve been around for some time now. I’ve watched markets rise, then sink and rise again. I’m not some spring chicken here. Mortgage interest rates are now at all time lows. Housing prices are the lowest they have been in decades. There can be no better time to buy a house!!! Besides, why not do your part to jump start the USA economy?? So how do you get started? Here’s 6 things to do: 1) Know your credit score 2) Repair your credit if needed 3) Find a good FHA lender 4) Get pre-approved for an FHA mortgage 5) Locate a good realtor 6) Buy your first (second, third, etc) home I know that all sounds easy. After all, can you really do it in just 6 simple steps? Yes, but there ar
