You may have heard that the FHA loan program features a low minimum down payment, lower credit requirements, plus the ability to apply for extra loan funds to add energy-saving improvements to the home you are buying with an FHA loan. This is accomplished using a program called the FHA Energy Efficient Mortgage. FHA home loans, which are NOT for first-time home buyers only, are offered to all financially qualified applicants. These home loans, unlike | more...
Some borrowers want to know: is it possible to refinance out of a conventional mortgage using an FHA refinance loan? It’s a smart question to | more...
If you have an FHA mortgage and get into financial difficulty that makes it hard to make your current home loan payments, you might be | more...
If you are considering your FHA refinance loan options, there are several things you should know about refinancing with FHA before you apply. There are | more...
You may have heard that the FHA loan program features a low minimum down payment, lower credit requirements, plus the ability to apply for extra | more...
In 2017, we asked an important appraisal question. We asked, “What are the FHA loan appraisal rules for central heating and air conditioning systems? Does | more...
Back in 2018, we published an article about the FHA home loan rules for townhouses. Do they qualify for FHA home loans? One source defines | more...
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.
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Some borrowers want to know if there are any differences between a one-time close construction loan and an FHA 203(k) Rehabilitation Loan. While both of | more...
There are FHA mortgages that let you build a home from the ground up on land you already own or purchase in conjunction with the | more...
The Federal Housing Administration has announced a 40-year mortgage modification option for borrowers who are struggling to save their homes due to COVID-19. The announcement | more...
