CornerStone Homes: FHA Requirements

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CornerStone Homes partners with several mortgage lenders who can help with the financing of your new modular or custom site-built home in Northern, Indiana.   FHA Loan Requirements: FICO┬« score at least 640 = 3.5% down payment. MIP (Mortgage Insurance Premium) is required. Debt-to-Income Ratio < 43%. The home must be the borrower’s primary residence. […]