Posts Covering FHA Home Buying
The government shutdown might impact your government mortgage — VA, FHA and USDA loan programs are all backed by the government and will be affected to some degree.
January 19, 2018 in FHA Home Buying
FHA mortgages are popular among U.S. home buyers, but how much do you actually know about the program, which was started in 1934? Read up and learn more.
January 17, 2018 in FHA Home Buying
Current FHA loan limits for every U.S. county. Check your local FHA loan limit for 1-unit, 2-unit, 3-unit, and 4-unit homes. Safe and secure.
January 11, 2018 in FHA Home Buying
Credit score requirements are dropping for the FHA mortgage. Analysis and effect on U.S. home buyers, plus today’s live FHA mortgage rates.
Some states help with homeownership There is a small but growing number of states that are using their tax systems to encourage would-be homeowners to save for their down payments. Is yours one of those that allow you to make deductions? And how much help might you get? Read on to find out. Down payments […]
January 2, 2018 in FHA Home Buying
FHA loan limits increased in many areas for 2018, making FHA mortgages accessible to mpre borrowers.
December 31, 2017 in FHA Home Buying
This year’s guidelines for FHA approved condos, plus how to apply for an FHA mortgage.
December 24, 2017 in FHA Home Buying
The FHA 203k loan is a “home construction” loan available in all 50 states. The major benefits, plus some things to watch out for.
September 27, 2017 in FHA Home Buying
Along with low mortgage rates and other great traits, FHA loans are assumable. You could sell your home in 2020 with today’s sub-4% rates attached. Learn more and get today’s live FHA rates.
August 10, 2017 in FHA Home Buying
The Rate Mortgage Rate Lock Decision The decision to lock or float an interest rate can create a high-stress situation for many people — after all, few of us take out more than a handful of mortgages during our lifetimes. “When should I lock my mortgage rate?” is a legitimate question, and we’ll answer it […]
August 9, 2017 in FHA Home Buying
FHA fees and mortgage insurance make it possible to buy homes with little down. But they are not cheap.
August 8, 2017 in FHA Home Buying
The FHA 203(k) mortgage has a lot of advantages if you are short on cash and want to buy a fixer-upper or get cash for improvements when you refinance.
August 5, 2017 in FHA Home Buying
Assumable FHA loans can make you money. If rates are higher when you sell your house, you’ll be able to offer your buyers a better deal than your neighbors can — an assumable loan at a lower-than-market rate. Advantage, you.
August 4, 2017 in FHA Home Buying
Your FHA down payment and closing costs can come to a significant chunk of change — or nothing at all.
August 4, 2017 in FHA Home Buying
Qualifying for an FHA mortgage is not rocket science. Get your documentation together and complete your application carefully, using these tips, and take your shot at home loan approval.
August 1, 2017 in FHA Home Buying
What is the debt-to-income ratio for FHA home loans? It’s pretty flexible, and higher than you’re likely to get with other programs without fantastic credit and a big down payment.
2018 Conforming, FHA, & VA Loan Limits
Mortgage loan limits for every U.S. county, as published by Fannie Mae & Freddie Mac, the Federal Housing Administration (FHA), and the Department of Veterans Affairs (VA)