Many people are wondering what exactly must happen in order for someone to be eligible for an FHA loan. In order to be eligible for an FHA loan in the US, you must be 18 years old and meet the following criteria: Must have a valid permanent Social Security number One occupant borrower must have a valid credit score. Non-traditional credit is not acceptable. Must occupy the subject property as a primary residence (except for Streamline Refinances without an appraisal that allows … [Read more...]