Chris Doering Mortgage Begins New Initiative on Educating Their Loan Customers

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New initiative aims to educate loan customers of Chris Doering Mortgage when applying for FHA loans.

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Chris Doering Mortgage has been serving the Gainesville, Florida area since 2007. Dedicated to providing quality customer service, they have put together a new initiative to educate their loan customers on FHA loan qualifications. The initiative breaks down the qualification process for an FHA loan into simple terms.

Considered the easiest type of loan to qualify for, FHA loan qualifications are pretty basic. FHA is first concerned with an individual’s income. An applicant should have a minimum of two years in steady employment and the income of those two years should be at the same pay rate or increasing. This allows the FHA to assess if the individual can pay their mortgage payments. The new mortgage payments should also not exceed 30% of the applicant’s gross income.

The FHA will follow up with a credit check. Credit reports should reflect no more than two thirty-day late payments in the last two years. Bankruptcies should be at least two years old, and the applicant should have perfect credit since. Foreclosures should be at least three years old, with perfect credit. An applicant’s credit score should be a minimum of 640.

If loan applicants can meet most or all of these requirements, FHA will most likely approve the application. Chris Doering Mortgage can work with their customers during the loan process and de-mystify qualifying for a mortgage and the process of buying a home. For more information on their company and details about the services they provide, please visit their website.

<br>About the company:<br>Chris Doering Mortgage has been Gainesville's mortgage lender since 2007. At Chris Doering Mortgage, there is a strong and genuine belief in the "customer for life" principle of doing business is what fuels Chris Doering Mortgage's home mortgage experts. Referrals from previous customers and local real estate professionals have always delivered the majority of the company's business. For more information visit their website at

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