Do I make too much money to get an FHA Loan?
The answer is NO! There are no minimum or maximum income limits for buyers looking for a new FHA mortgage loan.
The qualifying process for FHA loans focuses on the borrower's ability to repay the loan and there is not a minimum or maximum income scale.
However, there are LOAN LIMITS for FHA for each county across the country. This means that within each geographic area, there are maximum LOAN AMOUNTS that FHA will guarantee.
In the Atlanta Metropolitian Statiscal Area the FHA loan limit is $342,700 for a single family home.
DRA Homes Real Estate
An Affiliate of Maximum One Realty Greater Atlanta
5041 Dallas Highway, Suite 700, Powder Springs, GA 30127
Office Phone: 770-919-8825 ext. 318