A mortgage prequalification gives you an estimate of how much you can borrow. It tells you the interest rate your bank will charge for your loan, but also factors. If you qualify for fha loan pre-qualification, the lender will also tell you how much. available online to help you thoroughly evaluate each property you see.
FHA currently has 4.8 million insured single family mortgages and 13,000 insured multifamily projects in its portfolio. Note that the FHA has maximum mortgage limits based on the place you live. To find out how much house you can buy with an FHA loan use LendingTree’s FHA loan limit tool.
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