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Articles in Category: Graduate Payment Mortgage

FHA Graduated Payment Mortgages

There are many types of FHA home loans available to qualified borrowers. One of the best things about FHA programs is the acknowledgment that there's no one-size-fits-all solution when it comes to FHA guaranteed loans; a variety of programs are designed to help borrowers. One FHA mortgage loan is designed for limited-income borrowers who expect to see pay increases over time and want to buy a home in anticipation of those pay raises. The FHA Graduated Payment Mortgage targets first time home buyers with an important incentive--small early house payments that increase over time.