"Between one and two years: An individual self-employed between one
and two years must have at least two years of documented previous
successful employment (or a combination of one year of employment and
formal education or training), in the line of work in which the borrower is
self-employed or in a related occupation to be eligible.
â€¢ Less than one year: The income from borrowers self-employed less than
one year may not be considered as effective income."
Also note that FHA.gov and Hud.Gov are the official FHA links. Any other sites with FHA in them are not official and may contain erroneous information.