Would this home be eligible for an FHA loan? I am pre-approved for an FHA loan.

Profile picture for crystal11676
I have pre-approval letter to purchase a home for $48k selling price with 3% down. I have my down payment but am still trying to find a home in my price range that will pass FHA requirements. I have 4 kids and need at least 5 bedrooms.
Question refers to 114 E 8th St, Muncie, IN 47302
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0Yes

January 28 2010
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Answers (1)

Profile picture for disabledsite
1. income under 43/52
2.txes support 2 yrs
3.appraisal at 96.5 %
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0Yes

January 29 2010
 

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