Renewed Credit Concerns Darken Mood On Wall Street Tuesday Morning ...RTT News, NY -1 hour agoFinancial stocks weighed on the broader markets after Barron's reported that government officials anticipate that mortgage giants Fannie Mae (FNM) and ... 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.