FHA home loans are one of the most common forms of home loans available to consumers. You are eligible for a home loan if you own your home and have decent credit. Bad credit does not disqualify you. FHA home loans are specifically designed for first-time home buyers with bad credit. However, there are still home loans near me that are approved for people with FHA or other loans. I will help you find the home loan that is right for you!
FHA Home Loan
FHA home loan programs differ widely by state. Some examples of the different home loan programs are: 90-day forbearance, deed in lieu of foreclosure, and short sales. Most of the FHA home loans allow higher debt-to-income ratios in order to qualify. Finally, FHA home loans enact strict minimum property requirements that can keep you from purchasing the house you really want. Here is a quick …