You simply can’t use lent financing or credit card for this specific purpose
FHA Mortgage Questions and you can Answers

Understand the borrowed funds techniques with aren’t expected inquiries and answers out of financial positives. Choose from our very own set of categories observe Frequently asked questions to suit your certain market.
Off payments need are from deals, deductible present loans, otherwise approved downpayment guidelines programs. Consider, the fresh new FHA loan approval techniques is initiated to be sure you’ll be able to spend the money for family.
It is far from unusual for all those trying to find a property and you can an FHA mortgage to possess existing education loan personal debt. Read more