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Updated over 1 year ago,
Inquiry Regarding FHA Loan Eligibility and Income Requirements for House Hacking
Hello!
I’m a full-time student with a current credit score of 666 and an active work/study job earning $12 per hour
Can I qualify for an FHA loan for house hacking with a credit score of 666 and a part-time work/study job earning $12 per hour? Are there specific income requirements for FHA loans, and can the income generated from renting out a multifamily property be considered as part of the qualification process?"
Thank you for your time and expertise in advance.