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

Tag Archives: 2016 FHA loan limits

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 ...

HUD Announces Fair Housing Protections For Borrowers With Limited English Proficiency

It’s known as “LEP” or “limited English proficiency, and has been an issue that directly affects legally binding agreements including home loans for as long as there have been such arrangements made in the United States. But now, LEP is ...

Using a Co-Signer With an FHA Mortgage Loan

The video above gives some basic information about what a co-signer is, but there are some other details you should know about using a co-signer. FHA loan rules governing cosigners and related issues are found in HUD 4000.1 in a ...

FHA Loan Tools

If you are in the planning stages of a new home loan, there are plenty of FHA loan tools you can use to help you prepare. The planning stage of your new home loan is just as important as the ...

HUD: $37 Million To Fight Housing Discrimination

The Department of Housing and Urban Development has announced $37 million in funding to fight housing discrimination. According to a press release on the HUD official site, the most recent announcement is one of three notices designed to, “support a ...

Mortgage Loan Interest Rate Trends: Moving Higher

Mortgage Loan Rate Trends

This week mortgage loan interest rates have been pushing higher but we still see rates at incredible lows. 30-year fixed rate conventional mortgages had fallen to 3.5%, and this week at the time of this writing they had nudged back ...

FHA Loan Assumption Rules In HUD 4000.1

FHA home loans permit the home owner to have the mortgage assumed by another person, who would become the owner of the property and financially responsible for the mortgage. FHA home loans were, long ago, considered “freely assumable” with no ...

Mortgage Rate Trends: 60-Day Lows Holding

Mortgage Loan Rate Trends

For the past five business days, we’ve seen mortgage rates moving lower than they’ve been in about eight weeks. Some industry professionals are calling it a rally. Whatever the label, we’re seeing mortgage loan rates moving to the (best execution) ...

FHA Loan Down Payment Requirements

A recent question in our comments section asked if the down payment for an FHA home loan could be financed, or does it need to come “out-of-pocket”. This is an important factor for FHA single family home loans as there ...

FHA Loan Limits For 2016?

Mortgage Loan Rate Trends

Close to the end of each calendar year, the FHA and HUD issue a set of FHA loan guarantee limits for the coming new year. These limits, issued by county and variable depending on the housing market and other factors, ...