The Federal Housing management has insured FHA loans since 1934. The FHA guidelines have changed quite a bit during that time. At one point, the minimum FHA credit rating requirement ended up being 640. Now, the FHA is loans that are insuring home buyers with fico scores only 500.
Bad Credit FHA Loans
A credit that is bad loan will assist you to be eligible for home financing with low credit ratings along with no minimum earnings requirement.