How Do I Get Approved For An FHA Loan?
First, locate an FHA-approved lender who services your county. Then schedule a meeting with the lender. He will ask you to bring to the meeting a variety of information. During the meeting, he will be able to assess your qualifications for an FHA loan.
If you decide to move forward, the lender will ask you to complete an application in order to get pre-approved for a loan. This will help you during negotiations with Sellers.
The lender will also discuss loan limits and property requirements so that you can target the right kinds of properties for purchase.
What Documents Will I Need To Get An FHA Loan?
Once you are under contract to purchase a home, you will be required to provide a number of other documents to the lender. For example, tax returns and recent pay slips. It would be a good idea to get these in order before you go under contract.