shopping for home loan
The FHA Mortgage Program
FHA and VA loans are two of the most popular types of loan programs for first-time home buyers. Because FHA loans are insured against default by the Federal Housing Administration, lenders are sometimes willing to approve loans for larger amounts or smaller down payments. Which of these is also true of FHA loans?
Income restrictions apply.
To qualify, you need a reasonable debt-to-income ratio.
There are no limits on how much you can borrow.
If you guessed "B", you're right. There are no income restrictions on FHA loans, so they are available to almost anyone with good credit; however, there are limits on how much you can borrow.