Lenders should look for certain documents from inside the loan application procedure. You’ll need to reveal the financial institution proof of identities, including an authorities-awarded ID, particularly a license, passport, otherwise condition ID card.

You will additionally need certainly to offer certain evidence of earnings, such as your newest shell out stubs otherwise tax statements. When you’re worry about-employed, you will need proof their a position background, eg 1099 versions otherwise financial statements.

This new FHA doesn’t provide money directly to individuals. Rather, it works which have approved loan providers who’ll render FHA-covered fund.

A number of FHA-recognized lenders are present, and financial institutions, credit unions, and you can financial people. Read more