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

Category Archives: Adjustable Rate Mortgage

FHA Home Loan Options For New Borrowers

FHA home loan options for new borrowers and first-time home buyers vary. There’s a misconception that FHA mortgages are only for first-time borrowers, and another misconception that FHA loans somehow favor first-time borrowers with better rates, terms, or other factors. ...

FHA Mortgages: Loan Basics For 2017

FHA loan down payment

For those who are weighing their real estate options in 2017, an FHA home loan can be an important option. Compare the down payment and interest rates on FHA mortgages with their conventional counterparts and it’s easy to see why ...

FHA 203(k) Loan Rules: A Reader Question

A reader asks, “I’m attempting to buy a mixed use residential/commercial property through an FHA 203(k) loan, and the building meets the size requirements. The commercial section is drywalled and spackled with plywood flooring. The residential section is in compliance, ...

Getting An FHA Loan In 2017

Are you considering an FHA loan in 2017? There are several things that can help you on your journey to home ownership in the new year. The first is knowing that the FHA updates its list of loan limits every ...

FHA Good Neighbor Next Door Loans

A reader asks, “Im active duty military stationed overseas with 2 years left on my tour, and I’m interested in buying a home in my state or record to return to. If I take leave and occupy the house multiple ...

FHA Loan Options: What You Should Know

Are you thinking about purchasing a home? Or refinancing your current home loan? FHA mortgage loans and refinance loans offer a variety of options. For new purchases, an FHA mortgage loan allows qualified borrowers to purchase typical suburban homes, but ...

FHA Construction Loans: A Reader Question

A reader asks, “Does FHA include loans for a construction to permanent mortgage?If so, can the construction be done by a licensed general contractor that does custom builds or does it have to be done by a licensed general contractor ...

FHA 203(k) Rehab Loan Options

The FHA has a program that allows borrowers to apply for a mortgage loan in order to improve a property. The FHA 203(k) rehab loan is intended for borrowers who want to buy or refinance property and repair them, but ...

FHA Home Loans: A Variety Of Options

FHA loan

There are many different types of real estate available to purchase or refinance with an FHA single family home loan. Did you know that FHA loans are not limited to traditional suburban-type housing? The options you have are as diverse ...

Facts About FHA Adjustable Rate Mortgages

mortgage loan and business debt

If you are considering your FHA loan options, at some point you’ll likely consider your choices between mortgage loan interest rate options. Qualified borrowers can choose between a fixed-rate FHA mortgage or an adjustable rate loan. Fixed rate loans seem ...