Tag FHA loan eligibility

Can a Felon Obtain an FHA Loan?

While it may be challenging, a felon can obtain an FHA loan under certain conditions. The Federal Housing Administration (FHA) does not have a blanket policy against lending to individuals with felony convictions, but there are specific criteria that must…

Can You Get an FHA Loan If You Already Own a Home?

Owning a home does not disqualify you from obtaining an FHA loan. In fact, many homeowners seek FHA loans for various reasons, including refinancing their existing mortgage or purchasing a second property. FHA loans, insured by the Federal Housing Administration,…

Can You Get an FHA Loan for a Tiny House?

While traditional tiny houses may not qualify for FHA loans, there are specific scenarios where financing could be possible. Understanding the nuances of FHA loan eligibility, the characteristics of tiny houses, and alternative financing options can help prospective homeowners make…