FHA Loans Articles

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Condos Losing Access to FHA Loans
FHA Loans

Condos Losing Access to FHA Loans

It's not easy being a condominium owner. Not only are sales down, but FHA restrictions on mortgages for condos will make it harder for homeowners to sell or refinance.

Kara  Johnson
10 years ago
FHA to Tigthen Credit, Appraisal Rules
FHA Loans

FHA to Tigthen Credit, Appraisal Rules

The Federal Housing Administration has announced that it will require higher credit scores and tighten credit requirements in general for both lenders and borrowers, effective January 1.

Kara  Johnson
11 years ago
FHA 203k loan covers both purchase and repairs
FHA Loans

FHA 203k loan covers both purchase and repairs

Older homes can offer some great bargains, but they often require a fair amount of work to make them livable. Fortunately, there's an FHA loan program - the 203k rehab loan - that enables home buyers to roll the purchase price and estimated cost of repairs into a single mortgage right up front.

Kara  Johnson
11 years ago
First-time Homebuyers Reaping Rewards from Economic Crisis
FHA Loans

First-time Homebuyers Reaping Rewards from Economic Crisis

As rampant inflation gradually gets squeezed out of home prices, many first-time homebuyers are finally able to afford a house. Lower rates on purchase mortgages-including popular FHA mortgage products-also make it easier for new homebuyers to take the ownership plunge.

Dan Rafter
12 years ago