August 20, 2017

Vimeo Channel YouTube Channel

What’s New

Can my seller pay some of my closing costs?

August 18, 2017

Can My Seller Pay Some Of My Closing Costs?

Can my seller pay some of my closing costs? The basic answer is, “yes, within certain limits.” FHA loan rules permit certain expenses to be negotiated between buyer and seller, including the contribution of allowed costs. How does it work? FHA Loan Rules For Interested Party Contributions HUD 4000.1, the FHA loan handbook, defines “interested parties” as “sellers, real estate agents, builders, developers or other parties with an interest in the transaction”. HUD 4000.1 states | more...

FHA Requirements

Loan Limits

Closing Costs

Mortgage Insurance

FHA Refinance

FHA Loan Types

Video

If you’re looking at your home loan options, now is the time to brush up on some mortgage terminology. Our friends at FHA.com have made it easy with their Homebuyer Terminology animations.

Follow Us

Vimeo Channel YouTube Channel

Special FHA Programs

How FHA Loan Modification Works

July 27, 2017

How FHA Loan Modification Works

In our previous blog post, we discussed some of the basics of FHA foreclosure avoidance and loan modification. But how does FHA loan modification work? | more...