Have a valid Social Security number and lawful U.S. residency status
Be able to prove steady income and employment history
Show enough income to afford the mortgage payments
Meet the lender’s minimum credit score requirement
Have a debt-to-income ratio within FHA and lender limits
Save for the required down payment, as low as 3.5% with qualifying credit
Have funds for closing costs and upfront mortgage insurance premium
Plan to use the home as a primary residence
Buy a property that meets FHA appraisal and safety standards
Avoid having a recent bankruptcy, foreclosure, or short sale without meeting waiting periods
Provide required documents such as pay stubs, tax returns, bank statements, and ID
Maintain acceptable payment history on current debts
Get approved by an FHA-approved lender