Are you a first time home buyer interested in buying with a minimal down payment using FHA? This guide will breakdown the 2025 FHA Loan Requirements to give you everything you need to know about qualifying with an FHA loan .
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✅ – Work Directly with My Team – https://workwithourteam.net/FHA
Watch This Next 👇
⏩ FHA Income Requirements -https://youtu.be/C7DfwoJXAmg
⏩ FHA Loan Requirements – https://youtu.be/CApGLR5u6j0
⏩ How much can you afford with FHA? – https://youtu.be/Y28z5i1aBeY
⏩Comparing Monthly Payments on FHA vs Conventional Loan – https://youtu.be/6N-mUJAKTak
0:00 – Who can use an FHA Loan?
0:33 – Busting Myths Around FHA Loans
1:40 – Discussing Overlays On FHA
2:30 – Credit Score & Down Payment Requirements For FHA
3:26 – Closing Costs Requirements for FHA Loans
4:19 – Mortgage Insurance Requirements for FHA
6:26 – Calculating The UFMIP for FHA
7:45 – How Do You Get RID of FHA Mortgage Insurance?
8:22 – Why Pre-Approval Is So Important
9:20 – FHA Debt To Income Ratio Requirements ( Calculating FHA DTI)
12:24 – Types of Properties You Can Finance Using FHA
13:29 – FHA Self Sufficiency Test
14:33 – Why Some Condos Can’t Be Financed With FHA
15:43 – FHA Loan Limits (How Do They Work)
16:40 – FHA Income and Employment Guidelines
18:10 – When Should You Start The Pre-Approval Process?
18:34 – What Documenation Is Required For An FHA Loan?
FHA Approved Condo List – https://entp.hud.gov/idapp/html/condlook.cfm
FHA County Loan Limits – https://entp.hud.gov/idapp/html/hicostlook.cfm
NEW 2024 FHA LOAN LIMITS –
Low Cost Areas:
One-unit: $524,225
Two-unit: $671,200
Three-unit: $811,275
Four-unit: $1,008,300
High Cost Areas:
One-unit: $1,209,750
Two-unit: $1,548,975
Three-unit: $1,872,225
Four-unit: $2,326,875
Jeb Smith
DRE 01407449
Real Broker
#HousingMarket2025 #RealEstate #FHA
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