Have a valid SSN and be a legal resident of the US.
Have verifiable and steady income.
Have a debt-to-income ratio less than 50%.
Have a minimum down payment of 3.5% (varies based on credit score). However, the money can be gifted from a family member.
The property must be used as your primary residence.
The property must be appraised by an FHA-approved appraiser and needs to meet certain standards.