Steps of getting recognized to own a keen FHA mortgage
Steady income and you will proof employment. To be able to give at least two years of money and you may a job suggestions try a standard dependence on all of the fund.
Maximum FHA loan amount
Deposit between step 3.5%-10%. The new advance payment minimum getting an FHA mortgage is usually lower than simply antique loan, and can getting as low as step three.5% depending on your credit rating and you will bank.
