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

Tag Archives: FHA loan terms

Home Loan Debt Ratios Explained

Analyzing Your Debt Ratio from FHA.com on Vimeo. When you fill out a home loan application, your lender will need employment and income documentation in order to process your loan. The lender is responsible for verifying that you have employment ...

FHA Loan Terms

Understanding Your Loan Term from FHA.com on Vimeo. How long is an FHA mortgage? The answer to that question depends on a variety of factors including the initial choice of fixed or adjustable rate mortgage, whether you plan to pay ...

FHA Loans: Terms and Definitions You Should Know

Are you thinking about buying a home with an FHA mortgage or refinancing a current mortgage loan? If you are new to either process, or if it’s been a long time since you purchased your first home, there may be ...

FHA Credit Qualifying Streamline Refinancing

FHA loans feature a refinancing option known as Streamline Refinancing, which features no credit check, no cash back to the borrower, and reduced paperwork due to the borrower’s status as an FHA borrower in good standing. An FHA Streamline Refinancing ...

FHA Clarifies Rules on Annual Mortgage Insurance Premiums For Loans 15 Years Or Less

The FHA has issued clarification on FHA insured mortgages with terms of 15 years or less and a Loan To Value Ratio of less than 78 percent or less. FHA loans with case numbers assigned on or after April 18, ...

Shopping Around for an FHA Home Loan

If you are a first-time house hunter interested in buying a home with an FHA-insured mortgage, there are several things you should know about the FHA home loan process. It’s easy to assume that because a lender is FHA-approved, they ...