fha home loan eligibility

An FHA loan is a government-backed mortgage insured by the Federal Housing Administration, or FHA. Popular with first-time homebuyers, FHA home loans require lower minimum credit scores and down.

how to apply for a home loan with bad credit mortgage on manufactured home should i take a home equity loan Should I take out a Home Equity loan to pay off my private. – Best Answer: evaluate the term of the loans, the interest rate you would be paying and if they are tax deductable now, and if you can make use of the deduction should you shift them to a home equity loan. Then, decide if there is any chance you could be unemployed or otherwise without the means to pay on the loans.