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

Tag Archives: FHA refinance loans

2017 FHA Appraisal: When Do You Need One?

If you aren’t sure whether you need a 2017 FHA appraisal, there may be a very simple answer depending on what kind of home loan or refinance loan you are seeking. For all “forward mortgages” including new construction, proposed construction, ...

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 Refinance Loan Basic Requirements

FHA refinance loans offer a variety of options for the borrower. In many cases you don’t have to have an existing FHA loan in order to refinance into one; with certain types of FHA refinancing you do have to have ...

FHA Refinance Loans: A Checklist

Are you thinking about refinancing your home loan? There are many things you will want to consider in the planning stages that can help speed you to the application stage of your new loan. Here are some basics you should ...

Types of FHA Refinance Loans: HUD 4000.1

We’ve written elsewhere about the different types of FHA refinance loans, but we haven’t covered what the new FHA Single Family loan program policy handbook (HUD 4000.1) has to say about them. In many cases, HUD 4000.1 either updates or ...

FHA Refinance Loans: When Is A New Appraisal and/or Credit Check Required?

Borrowers who want to refinance may wonder which FHA refinance loans offer no credit check or new appraisal. Are such loans possible? The answer may depend on your lender and other factors, but let’s see what options are open: For ...

Some Frequently Asked Questions About The New FHA Loan Rules In HUD 4000.1

On September 14, 2015, a new FHA single-family home loan policy handbook takes effect. It’s known as HUD 4000.1 and has several updates, changes and revisions that will take effect on the 14th. There have been some frequently asked questions ...

FHA Refinance Loan Choices

When you’re thinking about refinancing an FHA mortgage loan, there are many options to consider. Should you stay with your original lender or does another lender have better terms and/or interest rates? Do you remain in your current adjustable rate ...

FHA Streamline Refinance Loans: Basics For Credit Qualifying Streamline Refinancing

In our last blog post we discussed some basics on FHA Streamline Refinance Loans. The FHA Streamline Refinance loan program permits lenders to process the loan paperwork for these refinances (FHA-to-FHA only) with no credit check in most cases. But ...

HUD Releases May Housing Scorecard

The FHA/HUD official site has issued its housing scorecard for May 2015, and the numbers could help some borrowers decide whether the time is right to consider a cash-out or no-cash out refinance loan. According to the official site, www.HUD.gov, ...