How much do I need to have in savings before trying to qualify for FHA loan.?
I am a first-time home shopper in So California. I have the credit score, yearly income to qualify for at least $ 100,000. There are lots of homes in this price range where I’m looking. So including all the application fees, closing costs, 3% down payment and other fees, I need a ball-park figure to have in savings before I actually apply for a loan.