Louisville Kentucky Mortgage Lender for FHA, VA, KHC, USDA and Rural Housing Kentucky Mortgage: Kentucky FHA Mortgage Information : How to Qualify For a Kentucky FHA Mortgage Loan 1. Low Down Payment – FHA Mortgage Loans only require a 3.5% down payment. And what ma... General FHA loan requirements include: The loan must be for a property used for your primary residence. The property must be appraised by an FHA-approved appraiser. The property must be safe, sound and secure, in compliance with minimum property standards as defined by the U.S. Department of Housing and Urban Development, or HUD. You must have a valid Social Security number and be a legal resident of the U.S. You must have a minimum credit score of 580 with a down payment of at least 3.5 percent, or a minimum credit score of 500 with a down payment of at least 10 percent. You may not have delinquent federal debt or judgments, or debt associated with past FHA loans. You must have steady emp...
