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

Tag Archives: FHA home loans

FHA Condo Loans: A Reader Question

A reader asks a question in our comments section this week about FHA condo loans. “My husbands ex-wife failed to pay their condo dues and they foreclosed on the property (Not the bank.. the Condo Association). The property was deeded ...

Mortgage Markets and FHA Loans

At the beginning of 2017, Forbes.com published a housing outlook for 2017 which included predictions from experts about what could happen this year. Three months into the new year, how accurate were some of the highlights of this piece? How ...

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 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 ...

Divorce And FHA Loans: A Reader Question

A reader asks, “I was divorced 5 years ago but he stayed in the house. He is always behind on the payments and it affects my credit. I have divorce papers that state he is solely responsible for the house ...

FHA Loan Questions: What Constitutes Flipping?

What is the FHA flipping stance? Does the FHA single-family loan program rule book have anything to say about this practice? That’s one way of interpreting a recent question posed in our comments section. A reader asks, “When an investor ...

Eligibility Rules For FHA Loans

Eligibility rules for FHA loans are found in HUD 4000.1, which addresses who is permitted to apply for an FHA single-family home loans. Who can apply for an FHA loan and what do the rules say about these applicants? The ...

FHA Appraisals and Inspections: A Reader Question

FHA appraisals are NOT the same as home inspections. This week we received a question about the appraisal process that serves as a reminder of this. A reader asks: “I purchased a home that was funded by FHA but the ...

Identity of Interest Transactions: An FHA Loan Question

Do you know how FHA loan rules affect the sale of a home deemed an “identity of interest” transaction? A reader asks, “My husband and I have a contract to purchase his parents home that they currently live in. This ...