Instead of going down to your local FHA loan office you can now go online and complete the full FHA loan application process for your state. This article will give you step by step instructions on how you can apply for a FHA loan in your state online.
QUALIFYING FOR AN FHA LOAN AND GETTING PRE-APPROVED.
The reason for getting pre-approved for an FHA loan is so that you do not go through the home finding process just to find out that you do not qualify for an FHA loan. So follow these steps to make sure that you do qualify for the FHA loan and if so go ahead and fill out the pre-approved online FHA loan application.
The first step in applying for a FHA loan in your state online is to make sure that you qualify for an FHA loan. You can do this by going to the FHA loans qualifications page at FHA-home-loans.com. I Included a direct link to the qualifications page in the resources below this article.
STARTING THE FHA LOAN APPLICATION FOR YOUR STATE.
Next, once you have read over the FHA loan requirements and qualifications and you are qualified for an FHA loan, go to the FHA home loan online application by state at: http://www.fha-home-loans.com/fha_loan_preapproval.htm.
I also included a direct link to the online FHA pre-approved loan application in the resources below.
FILLING OUT THE FHA PRE-APPROVED LOAN ONLINE APPLICATION.
Next, now that you are on the FHA pre-approved loan application website, scroll down and choose the state that you live in. Now you will be directed to the loan application starting page for your state which will be directed by lending tree.
GETTING PRE-APPROVED FOR THE FHA LOAN.
Lastly, once you have filled out the online FHA application, you will be given a username and password. Check your account periodically to check the status of your FHA loan. You should have an answer within 48 hours.
Most FHA loans are set aside for low income families but other factors are considered also for getting approved for an FHA loan. It is so much easier to fill out an online loan application for an FHA loan than it is to go and wait at a bank or lending institution just to fill out the FHA loan application.
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