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FHA Home Loan Requirements

Owning a house is like a dream come true. The entire process of selecting a house and finalizing the same involves a lot of hard work and dedication. There are a lot of expectations when you finalize a house. With FHA Federal Housing Administration home loan, all your requirements are taken care in a simple manner. In order to be eligible to apply for a FHA loan you must have the following document before hand:

FHA Home Loan Requirements 2009

  1. Name and address (both official and residential) for the employer
  2. Address proof of your present residence
  3. Social Security Number is a must
  4. Existing gross monthly salary
  5. Estimated value of personal property
  6. Certificates of eligibility form
  7. Credit report
  8. Balance sheet statement
  9. Current Income statement
Always keep in mind that buying a house, or shifting to a new one or even renovating/ furnishing an existing house seems to be exciting but at the same time you must be well aware of the loan amount the you are venturing in to. You must have a complete information on the monthly mortgage loan amount, the closing cost and the actual cost of FHA home loan.

For more information on Federal Housing Administration Requirements you can log on to their official website.In case of any doubts contact the customer care number at (800) 225-5342 or the HUD office at the following address or log on to the link http://www.fha-home-loans.com/loan_qualifying_fha_loans.htm .

U.S. Department of Housing and Urban Development
451 7th Street S.W., Washington, DC 20410
Telephone: (202) 708-1112, (800) 225-5342




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