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FHA Loan Guidelines

There is no federal income limit for an individual or a couple to qualify for an FHA loan. A Facebook fan who is about to get married had asked me whether there is a limit in the amount of income to be able to qualify for FHA. It seems that they were advise to only put the fiance’s name on the mortgage as their combined income would disqualify them from getting the FHA loan. Further, they... [Read more]