Question : With a "Bank Statement" loan, is FHA still Possible?..

[Daniel F. Harb]

Hello RE investors!

I am looking to buy a owner~occupied property in Desert Hot Springs, California, and would love input on if I am able to purchase a property with a loan using a year and a half Bank Statements, an FHA, 3.5% down loan. 11 months ago I got a prequalification letter stating a 200K loan, but mostly I work for radiology registries (Diagnostic Radiology & CT), so there is not the typical "2 years at one employer" situation.

My Bank statements show well enough funds flowing through to qualify for 200K again, I am only looking to get a letter for up to, maybe, 175K. Hopefully, a few experts in this area will guide me to understanding if I may still do an FHA, 3.5% down with a Bank Statement loan, and all the other pertinent info.

Thank you kindly for reading this and for the expert information in advance!

Best to all!

Daniel F. Harb, ARRT,RT(R)