Updated over 5 years ago on . Most recent reply

Understanding FHA income levels
I’m looking for some general knowledge about understanding FHA loans. Are there income cut offs for qualification for FHA loans? For example, If your income is $100k+, you can still put down a minimum 3.5% with a scary credit score? Thank you all in advance.
Arthur V. :)
Most Popular Reply

Thank you for that Lynn for that information but I’m referring to more things like, does it matter how much you make to qualify for a FHA loan? If I make 1,000,000$ vs 50k a year, will a lender deny me if and say you need a conventional loan because your income is too high?