planned a top-dollar shindig at a ski resort earlier this year, just after the bank's multibillion dollar losses on subprime mortgages required a shotgun marriage to Bank of America . (A Wall Street ...Yes, the executives at Countrywide Financial Corp. The good thing about FHA mortgages is that almost anyone can get it. So if you have a satisfactory credit record, enough cash to close the loan and sufficient steady income to make monthly mortgage payments without difficulty, then you'll have no trouble getting approved for an FHA mortgage. As a rule of thumb, only people who will reside in the property are eligible for FHA-insured mortgages.