Home     Forum     401k     401k Rollovers
    Register   Login   Members   Search   FAQs     Recent Posts    




FHA Mortgage

Reply to topic
Money Talk > Credit & Loans

Author Thread
ADLeatherman
Member


Cash: $ 2.45

Posts: 11
Joined: 07 Feb 2012
Location: North Carolina, USA
FHA Mortgage  Reply with quote  

NA

Last edited by ADLeatherman on Tue Sep 24, 2013 6:32 pm; edited 1 time in total
Post Tue May 29, 2012 10:11 pm
 View user's profile Send private message
oldguy
Senior Member


Cash: $ 733.45

Posts: 3566
Joined: 21 May 2006
Location: arizona
 Reply with quote  

quote:
Or is it like a traditional mortgage where interest rate is determined based on job history, debt to income, credit score, etc.?


All of those are taken into account. And that is to your advantage - if FHA loaned money to deadbeats they would need to charge a high interest rate to cover the costs of the added defaults.

From what you've stated about your age, education, employment history/potential, you should qualify easily for the best rate.
Post Wed May 30, 2012 12:12 am
 View user's profile Send private message
Connolly
New Member


Cash: $ 0.60

Posts: 3
Joined: 22 Oct 2012

 Reply with quote  

How many properties can a borrower own when obtaining an FHA mortgage?
Post Mon Oct 22, 2012 10:55 am
 View user's profile Send private message

Reply to topic
Forum Jump:
Jump to:  
  Display posts from previous:      





Money Talk © 2003-2016