Qualifying for an FHA loan is often easier than qualifying for any other type of loan. However, you should know that there are particular requirements when it comes to the appraisal. The FHA wants to make sure that the home you are about to purchase is safe and sound as it is the collateral that you put up in order to take out such a large loan. If a home does not meet FHA requirements, you will not be eligible for FHA financing unless the issues are fixed and approved by the appraiser and/or … [Read more...]