Active duty military home loans

Buying a home with a VA loan

FHA Loan Qualifying Summary

FHA loans are the easiest type of real estate mortgage loan to qualify for. The FHA loan requirement guidelines for loan qualification are the most flexible of all mortgage loans that require less than 5% down payment.

Basic FHA loan requirements.

  • Two Years of steady employment, preferably with same employer.
  • Last two years Income should be the same or increasing.
  • Credit report should typically have less than two thirty day lates in last two years with a minimum credit score of 620 or higher or in some cases no credit score at all.
  • Bankruptcy's must be at least two years old, with perfect credit since discharge.
  • Foreclosure's must be at least three years old, with perfect credit since.
  • Your new mortgage payment should be approximately 30% of your gross (before taxes) income.

These are some of the most basic of FHA loan requirements for qualifying for a FHA loan. If you have answered yes to most of these statements, you probably qualify for a FHA mortgage loan.

Get prequalified for a FHA loan > Here - or- Apply now for a FHA loan > Here.

Following are some hyperlinks to some more detailed descriptions of FHA guidelines for qualifying for a FHA loan. Please click on the item that you require additional information on FHA requirements.

The University of North Carolina Press Dispossession: Discrimination against African American Farmers in the Age of Civil Rights
Book (The University of North Carolina Press)
  • Used Book in Good Condition

Johnny Comes Marching Home to Loans

2005-07-05 20:19:52 by Patrioticdissident

Johnny Comes Marching Home to Loans
Think joining the army will clear your student debt? Better check the fine print.
by Anya Kamenetz
June 27th, 2005 4:08 PM
Tony Allwein, on patrol in Iraq, joined up for relief from his student loans.
photo: Courtesy Tony Allwein
Maybe figuring that it is mostly worried moms keeping their kids home, the army, after its fourth straight month of recruitment shortfalls, has begun broadcasting a new series of TV ads. They feature young people telling their folks about the education benefits—up to $70,000 for college or $65,000 to repay student loans—and the chance to serve a worthy cause

I understand your struggle about going to school

2009-11-23 13:33:17 by bethanysmom

Hi. I am the wife of an USAF veteran, so I can empathize with your situation. First of all, I not only thank your husband for his service, but thank you as well. I know it is hard being the one at home when your spouse is defending our country!
I see nothing wrong with trying to better yourself and your family's situation by going to school. I did it while my husband was active duty, although he wasn't deployed at the time. The way I looked at it, one of us had to have a job when he retired - it wasn't about me being selfish, it was about our family's welfare. Although my husband had rank in the military, that is not the same as having experience in the civilian world

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SENIOR SIGNALS: Pros and cons of reverse mortgages  — Bristol Press
30, 2013, the Federal Housing Administration placed strict limits on loan sizes and raised mortgage insurance premiums designed to encourage slow, steady home equity withdrawals. So don't automatically rule out reverse mortgage. It may fit your needs.

Predictions: Can You Wait For Lower Mortgage Rates In 2014?  — The Mortgage Reports
The information contained on The Mortgage Reports website is for informational purposes only and is not an advertisement for products offered by Waterstone Mortgage Corporation. The views and opinions ..

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