2016 FHA Loan Requirements - In Plain English

Welcome to FHAhandbook.com. This website is a central repository for FHA loan guidelines and requirements for 2016. It is updated on a weekly basis to bring you the most current information available on this popular loan program.

How to get started: You can download our 60-page FHA handbook for free, in a convenient PDF format. It's a good starting point for your research. It's available from every page of our website. You can download it to your computer, and refer back to it as needed.

FHA Loan Requirements, Guidelines, Policies and More

This website explains the minimum FHA loan requirements for 2016. We offer the most current information available, and that's important because the Department of Housing and Urban Development (HUD) changes the program on a regular basis. In fact, there have been more changes to the FHA requirements and guidelines in the last two years than in the previous ten years combined.

The bottom line is that the 2016 FHA loan program will be markedly different from what it was five or ten years ago. Borrowers need to know how it's different, and what it takes to qualify under current conditions. That is the purpose of our website and handbook.

You can find the official guidelines for this program on the HUD.gov website. But they are scattered across many pages and handbooks. As a result, it can be hard to find the information you need. We created this website to address both of these issue. The information on this website is current, regularly updated, and easy to access.

Our Handbook Is a Great Place to Start

In addition to offering the official FHA requirements guidelines established by HUD, we have also created our own handbook. Here's why: Most of the HUD guidelines and reference materials are written for mortgage lenders. Home buyers and borrowers, on the other hand, tend to find them a bit confusing. They are simply not written with the layperson in mind.

To solve this problem, we have written a consumer-friendly overview of 2016 FHA loan guidelines, requirements and procedures. We've taken thousands of pages of official documentation and boiled them down into a 60-page e-book in PDF format. You can download the book and save it to your computer, and then refer back to it as needed.

Our e-book is not meant to replace the official guidelines and requirements found on the HUD website. But is does give you a quick overview in the FHA loan process. As a result, it's a good place to begin your research. Think of it as the "Cliff's Notes" version of the official handbook.

Note: We are not affiliated with the Federal Housing Administration, the Department of Housing and Urban Development, or any other government agency. We are not mortgage lenders. The educational materials found on this website are not meant to replace the official FHA guidelines established by HUD. They are meant to complement those guidelines in a consumer-friendly way. To learn more about who we are, and what we're trying to accomplish, please visit the about page.