FHA mortgage qualifying criteria for Kentucky
Here’s a concise overview of the FHA mortgage qualifying criteria for Kentucky: Credit score: Minimum 580 for 3.5% down payment, 500-579 for 10% down payment Debt-to-income ratio: Generally 43% or less, though exceptions may be made Down payment: Minimum 3.5% of purchase price (with 580+ credit score) Employment: Steady income for at least two years … Continue reading FHA mortgage qualifying criteria for Kentucky
