If we own outright an 11 acre parcel (hayground) and want to build a home on it would we qualify for a fha conventional loan?

FHA does not do construction loans, so you would be looking at a construction loan, or a Construction Permanent Hybrid, which are usually called a one-time close construction loan. I'd be happy to help you understand all that is entailed in getting you qualified. Give me a call. ~ Bert Carpenter, The LoansA2z Team of NEXA Mortgage ~ NMLS 40586 ~ Licensed in Arizona, California, Georgia, Oregon, and Washington. Need help in other states? We've got you covered. NEXA Mortgage is licensed in 46 states ~ www.ApplyYes.com 480-889-9000.