First time homebuyer…FHA Loans?

How does an FHA loan work? What are the credit requirements?


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One Response to “First time homebuyer…FHA Loans?”

  1. Noneya says:

    Here is a list of some of the credit requirements.
    1) All borrowers will need at least a 620 mid score
    2) No bankruptcies in the last 2-3 years
    3) No foreclosures in the last 3-4 years
    4) No judgments
    5) It will help if you have a clean 12 month payment history on your accounts.

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