What does it take to qualify for an FHA loan in 2012? This is a hot topic among home buyers lately. It’s also one of the most common questions we receive from our readers. We surveyed more than two-dozen lenders on this subject. This is what they had to say.

FHA Loan Guidelines

Based on recent emails we have received, there seems to be a lot of confusion regarding FHA loan guidelines in 2012. Many home buyers have expressed concerns about the imminent demise of the FHA mortgage program. Others have heard rumors that a mandatory 10% down-payment requirement is coming down the pike. Both of these are false. In an effort to prevent any additional rumors from surfacing, we have compiled a list of FHA loan guidelines and criteria.