Chicago Tribune - Harvard isn't the first school to adopt a no- policy, and it won't be the last. Also, Harvard will no longer factor in home equity when figuring how much families should pay. This could save an average of ... Duke University and California Institute ... 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.
