First Time Home Buyer Texas Qualifications. And those perks can be worth a lot of money. Overtime and bonus income can be used to qualify a borrower if they have been receiving this income for the past two (2) years and if it will likely continue.
The borrower’s ability to repay the loan is a big factor that’s considered when qualifying for a loan. All applicants must be u.s. Becoming a first time home buyer again.
This requirement is waived if. Must be at least 18 years of age, or married to a person who is 18 years of age. A minimum credit score of 620; Fha loans are the #1 loan type in america.
