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FHA Mortgage

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Money Talk > Credit & Loans

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FHA Mortgage  Reply with quote  


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
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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
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How many properties can a borrower own when obtaining an FHA mortgage?
Post Mon Oct 22, 2012 10:55 am
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