How do i Sign up for a keen FHA Financing? Advantages and disadvantages away from FHA Funds Your submit an application for a keen FHA loan truly on bank or other lender of your choosing. Very banking companies and you may mortgage lenders are approved to possess FHA loans. You might apply for pre-acceptance of an enthusiastic FHA loan towards lender you choose. The lender commonly gather adequate economic suggestions so you can issue (otherwise reject) a pre-recognition within this 1 day approximately. That will leave you a concept of just how much you could borrow while not committing you to ultimately one thing.