FHA Loan Requirements

What is FICO?

The Federal Housing Finance Agency. Not to be confused with the FHA, the FHFA was established in 2008 and is responsible for the overall supervision and regulation of Fannie Mae and Freddie Mac, which are government-sponsored companies.

What is the FHFA?

The Federal Housing Finance Agency. Not to be confused with the FHA, the FHFA was established in 2008 and is responsible for the overall supervision and regulation of Fannie Mae and Freddie Mac, which are government-sponsored companies.

What are the FHA Loan Requirements?

The basic minimum requirements for an FHA loan. These requirements cover a wide range of factors, and they are subject to change as the FHA adjusts their rules. However, FHA requirements generally include a minimum credit score, a down payment, specific loan terms, and mortgage insurance. They can also include limits on gifts for down payments.