Application For Fha Home Loan Fha Financing Guidelines VA and FHA Mortgages Have minimum condition requirements Did you know that homes you’re looking at might not be acceptable to some lenders? It’s true. special loan programs like the Federal Housing Administration (FHA) loans and Veterans Administration (VA) loans are great for those that can take advantage of them-but there are some repair requirements for these programs.An FHA (Federal housing administration) loan is a specific type of mortgage that is backed up by the FHA. This means that, should the borrower default on the Part of knowing how to apply for an FHA home loan is about ensuring you are prepared for the application process. You will need to provide.