Articles and news about FHA loans and HUD requirements. FHA loans are great for first-time homebuyers.

Category Archives: FHA Loan Types

FHA Loans For Mixed-Use Property

A reader got in touch with us in the comments section recently about purchasing mixed-use property with an FHA loan. “I’m looking to buy a 4-unit building that also has a store front. I reside in Indiana…I will be living ...

Mortgage Rate Trends: Still Moving Lower

Mortgage Loan Rate Trends

Mortgage rate trends continue to point to lower numbers post-Fed. Since our last report we’ve seen more downward momentum, thanks in no small part to some unfavorable stock market activity. Political and economic uncertainty often sends investors running for the ...

Mortgage Rates Lower Post-Fed

Mortgage Loan Rate Trends

Since our last report, the Fed hiked interest rates. That comes as no surprise as it was widely expected to happen, and mortgage loan rates began rising ahead of that announcement as the industry began to anticipate the move. Once ...

Home Loans After Chapter 13 Bankruptcy

Those looking for home loans in the wake of a Chapter 13 bankruptcy often get conflicting messages about when, how, and even whether they can apply. One of our latest reader questions in the comments section falls into this category. ...

FHA Loan Assumptions: A Reader Question

How do FHA loan assumptions work? There are many situations where assuming another borrower’s FHA mortgage could be beneficial to all involved. Consider this reader question we responded to recently: “My mother in law took out an FHA loan due ...

Mortgage Loan Interest Rates Surging Higher Ahead of Fed

Mortgage Loan Rate Trends

Since our last report, mortgage rates have pushed significantly higher. Industry professionals are watching the Fed very carefully at the moment as it’s expected that the Fed will hike interest rates soon. Any indication of that hike, the timing of ...

FHA Appraisals: A Reader Question

This week in our comments section, a reader asked us a question about how certain aspects of FHA appraisals work. “I am pre-approved for a FHA loan, and lucked into having an estate offered to me before they list with ...

FHA Mortgage Questions And Answers

There are many questions about FHA loans-those who are new to the process want to know some very basic, but very important things including how down payments are calculated, who is eligible for an FHA loan, and whether the borrower ...

Mortgage Rates Sharply Higher

Mortgage Loan Rate Trends

This week we’ve devoted a bit more column space to mortgage rate trends, and for good reason. Markets hate uncertainty, investors tend to move to “safe haven” investments in times like these, and we’re seeing plenty of activity in markets ...

Qualifying For An FHA Mortgage

Why don’t some borrowers qualify for an FHA mortgage loan? A reader got in touch with us recently to ask a question along these lines: “I work at a high school, married w/baby. My credit is 640 have the 3.5% ...