Minimum Credit Requirements For Fha Loan Fha Loan Property Requirements What is an FHA loan? An FHA loan is a government-backed mortgage insured by the federal housing administration, or FHA for short. Popular with first-time homebuyers, FHA home loans require lower.For example, most borrowers can get an FHA-backed loan with only 3.5 percent down. has introduced legislation to boost the FHA minimum credit requirements to 5 percent. In an interview Wednesday,Types Of Fha Loans 203B What Do You Need To Qualify For A Mortgage WVFCU – Home mortgage antonio san – Texas FHA Loan is the easiest mortgage and most lenient loan to qualify for. They offer a low down payment and are available to homebuyers with less than perfect credit. If you’re in the market for a home, you owe it to yourself to research Texas FHA loan options available through Amcap Mortgage.. We are not a government agency.The FHA 203b is the most lenient when it comes to DTI qualification, FHA can go all the way to 55% back-end ratio where most mortgage loans can only use 45% as the DTI ratio. Asset – The down payment requirement for an FHA loan is 3.5% for those whose credit score is at least 580.