Zillow Advice: Mortgage - HOW IS THE LOAN AMOUNT DETERMINED FOR FHA LOANS? I HAVE ONE PREQUALIFICATION FOR $ 117,000 AND ONE F http://www.zillow.com/advice-thread/HOW-IS-THE-LOAN-AMOUNT-DETERMINED-FOR-FHA-LOANS-I-HAVE-ONE-PREQUALIFICATION-FOR-117-000-AND-ONE-F/513077/ Zillow Advice | Zillow Real Estate Most lenders will evaluate ... http://www.zillow.com/advice-thread/HOW-IS-THE-LOAN-AMOUNT-DETERMINED-FOR-FHA-LOANS-I-HAVE-ONE-PREQUALIFICATION-FOR-117-000-AND-ONE-F/513077/ Most lenders will evaluate your income and your current debts as reported by your credit report.&nbsp; <br/><br/>Some lenders estimate taxes and insurance, and interest rates at different percentages, so one lender my say $117,000 is your max sales price, while another may say $125,000 is your max.&nbsp; <br/><em><br/>[self promotion deleted by Zillow moderator. Please see our Good Neighbor Policy for posting guidelines]</em> Fri, 27 Sep 2013 19:44:00 GMT http://www.zillow.com/advice-thread/HOW-IS-THE-LOAN-AMOUNT-DETERMINED-FOR-FHA-LOANS-I-HAVE-ONE-PREQUALIFICATION-FOR-117-000-AND-ONE-F/513077/ 2013-09-27T19:44:00Z Your question got cut off ... http://www.zillow.com/advice-thread/HOW-IS-THE-LOAN-AMOUNT-DETERMINED-FOR-FHA-LOANS-I-HAVE-ONE-PREQUALIFICATION-FOR-117-000-AND-ONE-F/513077/ Your question got cut off but if you would like to finish it you should reply to this message! Just like any other loan, a lender like myself will look at your finances to determine what you can qualify for. We look at many different factors including your income, credit score, assets, liabilities, debt, down payment, employment, etc. With all these factors taken in to account you are then given the amount you qualify for.<br/><br/>Well I hope this helps! If you have any further questions or if you would like a loan, feel free to contact me!<br/><br/>Good Luck! Fri, 27 Sep 2013 19:09:00 GMT http://www.zillow.com/advice-thread/HOW-IS-THE-LOAN-AMOUNT-DETERMINED-FOR-FHA-LOANS-I-HAVE-ONE-PREQUALIFICATION-FOR-117-000-AND-ONE-F/513077/ 2013-09-27T19:09:00Z