ADLeatherman
Member
Cash: $ 2.45
Posts: 11
Joined: 07 Feb 2012
Location: North Carolina, USA |
FHA Mortgage |
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NA
Last edited by ADLeatherman on Tue Sep 24, 2013 6:32 pm; edited 1 time in total |
Tue May 29, 2012 10:11 pm |
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oldguy
Senior Member
Cash: $ 751.85
Posts: 3656
Joined: 21 May 2006
Location: arizona |
quote: Or is it like a traditional mortgage where interest rate is determined based on job history, debt to income, credit score, etc.?
All of those are taken into account. And that is to your advantage - if FHA loaned money to deadbeats they would need to charge a high interest rate to cover the costs of the added defaults.
From what you've stated about your age, education, employment history/potential, you should qualify easily for the best rate.
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Wed May 30, 2012 12:12 am |
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Connolly
New Poster
Cash: $ 0.60
Posts: 2
Joined: 22 Oct 2012
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How many properties can a borrower own when obtaining an FHA mortgage?
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Mon Oct 22, 2012 10:55 am |
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