Do I Qualify For an FHA Loan?
Since 1934, the Federal Housing Administration (FHA) has helped American homeowners afford more than 35 million properties. Could you be next? Take this quiz and find out! FHA mortgages help people with limited or less-than-perfect credit histories get approved for loans at reasonable interest rates. By insuring the loans against default, the FHA gives lenders the confidence to make more loans, so mortgages become available to a wider portion of the U.S. population. If you have something other than a long and stellar credit history, FHA might be the best option for you. Answer the following questions to get a better idea of whether you might be a good fit for an FHA mortgage.