00 to place down,whats the minimum credit rating for a fha loan and the other requirements?a lso,where do i find a fha home loan at?…
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What Are The Minimum Requirements For A Fha Home Loan?
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You are a good candidate for a FHA home loan. You will be in a better position for approval if you document all of your ?problems? and show them what you did to handle the financial problems that are a sign of the times. ... Requirements for mortgages are very strict. The only way to buy a home with bad credit is a HUGE downpayment ? a lot more than 20%. You should work on cleaning up your credit. Mortgage companies will insist that all derogatory items be settled. ...