Hud Loans Requirements

An FHA loan is a mortgage issued by an FHA-approved lender and insured by the Federal Housing Administration (FHA). Designed for low-to-moderate income borrowers, FHA loans require lower minimum.

What Credit Score Do I Need for a Home Loan? – In order to be eligible for an FHA mortgage, borrowers must have at least two established credit lines, a debt-to-income ratio (DTI) of 31% or less excluding the expected mortgage payment, and no.