FHA loans are the easiest type of real estate mortgage loan to qualify for. The FHA guidelines for loan qualification are the most flexible of all mortgage loans and require less than 5% down payment.
FHA...
There are two possible scenarios when considering an FHA refinance. Both of these scenarios are based on what kind of current loan you are trying to refinance.
FHA Refinance First Step
The first step in...
FHA reform is changing the rules for securing an FHA-insured mortgage loan, but FHA loans still provide the best opportunity for those who don’t meet the requirements of a traditional home loan.
By now...
This FAQ will answer your questions about the FHA Streamline Refinance program which was created by the FHA to make it quick and easy to refinance your existing FHA loan.
What is the FHA Streamline Refinance...
Selecting a Contractor
Home improvements and repairs can cost thousands of dollars and are the subject of frequent complaints. When selecting a contractor:
Get recommendations and references. Talk to...
Section 502 loans are primarily used to help low-income individuals or households purchase homes in rural areas. Funds can be used to build, repair, renovate or relocate a home, or to purchase and prepare...
The guidance below (and in the "How to Avoid Foreclosure" pamphlet) is applicable to homeowners with FHA Insured loans. While a good deal of this information may apply to all homeowners in danger of losing...