Will I qualify for an FHA loan?Right now I have a private mortgage with my parents. We went through escrow and our condo is in our name. We currently pay $1877 a month for our mortgage payment. Between my husband and myself our gross income is about $123,000. Credit scores are good, 700 or so. My question is would we be able to qualify for a FHA mortgage? We'd like to keep our current condo and rent it out. Would we have to do this before we applied for a mortgage to show that we are able to afford both properties?October 12 2010 - Seattle00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.