Articles and news about FHA loans and HUD requirements. FHA loans are great for first-time homebuyers.

Verifiable Income Rules For FHA Borrowers Between Jobs

FHA loan applications require the borrower to submit information on past and current employment including gross income, how long the job has lasted, and other details.

This data is not accepted at face value by the lender; the FHA requires the loan officer to verify sources of income to make sure they are legitimate and acceptable.

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