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

Tag Archives: FHA loan eligibility

Eligibility Rules For FHA Loans

Eligibility rules for FHA loans are found in HUD 4000.1, which addresses who is permitted to apply for an FHA single-family home loans. Who can apply for an FHA loan and what do the rules say about these applicants? The ...

FHA Loan Rules For Residency: A Reader Question

FHA loan down payment

One not-so-commonly asked questions about FHA loans is still an important issue to address. Here’s a recent reader question on a borrower’s ability to be approved for an FHA mortgage without being a U.S. citizen: “Ive just moved to the ...

FHA Loans, Delinquencies and Federal Debt

What can make a borrower ineligible for an FHA guaranteed home loan? Many things–a credit score that is too low, a lack of verifiable income or employment, and according to HUD 4155.1 Chapter Four Section A, delinquent federal debts. Instructions ...

FHA Loans For Site-Built Homes?

A reader asks, “I have learned a great deal from just this information listed on this website. However one question remains, are FHA loans eligible for site built homes? I see a listing for HUD homes, and refinancing, but are ...