FHA loan applicants will be required to provide various pieces of information to the loan officer. These items include social security numbers, residence information, salaries, bank account numbers, estimated value of personal possissions, and other relevant information.
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FHA Loan Requirements

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Before you start the loan process, you'll need to have some information at hand for all loan applicants:
  1. Social Security numbers
  2. Residence addresses for the past two years
  3. Names and addresses of your employers over past two years
  4. Your current gross monthly salary
  5. Names, addresses, account numbers and balances on all checking and savings accounts
  6. Names, addresses, account numbers, balances and monthly payments on all open loans
  7. Addresses and loan information of other real estate owne
  8. Estimated value of furniture and personal property
  9. Certificate of Eligibility and DD-214, (for veterans only)
  10. W2's for the past two years and current check stubs
  11. For self-employed individuals, you will need to provide
  12. personal tax returns for the past two years, current income statement and balance sheet for the business
In addition, you will need to pay for a credit report and appraisal of the property.



Home Equity Conversion Mortgages, or HECM for short, are designed to help qualified borrowers take out an FHA guaranteed loan against the equity built up in their property.
What does it take to be eligible to apply for an FHA home loan? FHA requirements include details about income, credit rating and other factors, but before a loan officer looks at any of that information, an applicant has to meet the basics.
Recent reports in the media suggest some lenders may be illegally discriminating against FHA loan applicants for being pregnant or having short-term disabilities.
If you're currently thinking of getting an FHA home loan, now is a very good time to be filling out paperwork if you're hoping to take advantage of current, more lenient FHA policies and perks.
Are you considering an FHA home loan? If so, be sure to examine the FHA's list of financial institutions sanctioned for violating FHA rules. Investigators found violations ranging from bad quality control all the way to falsifying documents used to issue FHA home loans.


FHALoan is a private corporation, is not a government agency, and does not make loans.