
December 31, 2014
What You Need To Know About FHA Home Loans For 2015
If you are interested in an FHA loan in 2015, there are some basics you should know to help you get organized in the new year. Let’s take a look at some of them: For those looking to buy a home with a “new purchase” FHA single-family home loan, it’s a good idea to get familiar with FHA loan guaranty limits for your area. This information is found on the FHA/HUD official site at http://portal.hud.gov/hudportal/documents/huddoc?id=14-25ml.pdf. That link is a downloadable .PDF titled “Federal Housing Administration’s (FHA) Maximum Loan Limits Effective for Case Numbers Assigned on or after January 1, 2015 through December 31, 2015”. For borrowers interested in FHA refinance loans, you can learn about your cash-out or streamline refinance loan options at the FHA/HUD official site, which features pages for both streamline | more...