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Complete guide to FHA Mortgage Loans
FHA Loans

Complete guide to FHA Mortgage Loans

FHA home loans are one of the most popular types of mortgages in the United States. With low down payments and lenient credit requirements, they're often a good choice for first-time homebuyers and others with modest financial resources.

Kirk Haverkamp
3 months ago
State programs provide assistance for first-time homebuyers
FHA Loans

State programs provide assistance for first-time homebuyers

The thing about being a first-time homebuyer is you only get to do it one time. Buying your first home happens just once, giving you the chance to take advantage of lending programs meant to help people buy their first home with low down payments and low credit scores, such as an FHA loan.

Dan Rafter
1 year ago
Will an FHA loan hurt your chances with home sellers?
FHA Loans

Will an FHA loan hurt your chances with home sellers?

Loans insured by the Federal Housing Administration, better known as FHA loans, are attractive to buyers. That's mainly because they require down payments of just 3.5 percent of a home's purchase price for borrowers with FICO credit scores of 580 or higher. But will applying for an FHA loan hurt your chances of landing your dream home?

Kirk Haverkamp
2 years ago
Requirements of FHA loans
FHA Loans

Requirements of FHA loans

The requirements of an FHA loan are designed to put home ownership in reach of a broad swath of middle-class Americans who can afford a mortgage payment but otherwise would have difficulty qualifying for a home loan. 

Kirk Haverkamp
2 years ago
Getting an FHA mortgage with student loan debt
FHA Loans

Getting an FHA mortgage with student loan debt

Can you qualify for an FHA mortgage even when you’re saddled with thousands of dollars of student-loan debt? Yes, but those student-loan payments will make it more difficult and will limit how much you can borrow.

Dan Rafter
3 years ago
FHA mulls easier rules for condo loans
FHA Loans

FHA mulls easier rules for condo loans

Proposed rule changes by the Federal Housing Administration, or FHA, to loosen some of its strict eligibility rules could help young and old people in two different ways in condominium ownership.

Aaron Crowe
4 years ago
FHA mortgage insurance explained
FHA Loans

FHA mortgage insurance explained

When you get an FHA home loan, you need to pay for FHA mortgage insurance. This is true regardless of whether you're buying or refinancing, getting a 203(k) or Title 1 home improvement loan, or if you're a senior citizen taking out a reverse mortgage. Mortgage insurance fees are always part of the package.

Dan Rafter
5 years ago
FHA mortgage pros and cons
FHA Loans

FHA mortgage pros and cons

FHA home loans are a popular mortgage option for first-time homebuyers and other borrowers with limited financial resources or less-than-perfect credit. With lower credit score and down payment requirements than most other mortgages, they're easier to qualify for, while competitive rates make them affordable.

David  Mully
5 years ago
Getting an FHA Mortgage When You Have Student Loan Debt
FHA Loans

Getting an FHA Mortgage When You Have Student Loan Debt

A mortgage loan from the Federal Housing Administration - often the first financing source for young, first-time homebuyers and other underserved buyers- can offer some of the lowest down payments, closing costs and easy credit qualifying among lenders. Recent college graduates, however, may not find FHA mortgages as appealing as they used to be.

David  Mully
5 years ago