FHA

FHA announces plan for greater credit access

FHA announces plan for greater credit access

BY STAFF REPORTS   The Federal Housing Agency is taking steps to expand access to mortgage credit for underserved borrowers. Department of Housing and Urban Development Secretary Shaun Donovan told a gathering of the National Association on Realtors May 13 that lending to potential buyers with lower credit scores has fallen dramatically in recent years, […]

With Harp Nearing Expiration, Secure One Capital is Assisting Homeowners Struggling with Harp Refinancing Approval

With Harp Nearing Expiration, Secure One Capital is Assisting Homeowners Struggling with Harp Refinancing Approval

More than 3 million homeowners are still eligible for HARP, but with complex requirements and recent expansions to HARP 2.0, many homeowners are unaware they qualify.   In the past 6 months, tumultuous changes within the housing market have left homeowners uncertain about what to do with their greatest asset—their home. Recent changes include updates […]

Realtors urge condo boards to consider getting their units certified for FHA loans

Realtors urge condo boards to consider getting their units certified for FHA loans

By Kenneth R. Harney, For young first-time buyers, people with modest down-payment cash or seniors who want to tap their equity using a reverse mortgage, it’s a growing problem: They cannot use Federal Housing Administration financing in condominiums. It’s not that these buyers and unit owners can’t personally qualify for a loan on credit and […]

FHA Unveils Blueprint for Improving Credit Access

FHA Unveils Blueprint for Improving Credit Access

BY: JANN SWANSON The Federal Housing Administration (FHA) says that qualified buyers are currently underserved by the housing market.  The economic crisis significantly constrained credit, making it tough for anyone with less than perfect credit to obtain a mortgage.  Perhaps as many as 13 million people with credit scores below 752, the average for Freddie Mac […]

LendingTree Monthly Mortgage Review: FHA’s Changing Guidelines May Increase Mortgage Rates

LendingTree Monthly Mortgage Review: FHA’s Changing Guidelines May Increase Mortgage Rates

Rates in Texas, Washington and New York Lowest in the Country According to the LendingTree Monthly Mortgage Review, average mortgage rates inched up in March, while more borrowers than ever took advantage of low Federal Housing Administration (FHA) loan rates. Even with the slightly higher rates experienced by the market in March, the average FHA […]

FHA Loan Limits 2014 – New Up-to-date Guide Available At LoanLove.com

FHA Loan Limits 2014 – New Up-to-date Guide Available At LoanLove.com

A new guide from LoanLove.com helps explain the changes to the limits for FHA loans in 2014. LoanLove.com is a borrower advice website that offers in depth and up to date information on loans in an easy to understand and entertaining format. The company, which has quickly become a trusted destination for current news and […]

FHA Loan Guide Helps Borrowers Decide if an FHA Mortgage is the Right Choice

FHA Loan Guide Helps Borrowers Decide if an FHA Mortgage is the Right Choice

A new guide from LoanLove.com takes a look at FHA loans and explains some of the pros and cons of this particular loan options. For many people in the United States an FHA loan is the ticket to home ownership. A new guide from LoanLove.com takes a look at these loans and helps borrowers to […]

What is an FHA Loan?

What is an FHA Loan?

by Anisha   Whether you’re a first-time homebuyer, or need to refinance, an FHA loan usually comes up on the docket as an option. But what, precisely, is an FHA loan, and is it the best course of action for your financial circumstances? How do you know if you qualify? Here is a quick guide to […]

Fix Your Interest Rate with an FHA Streamline Refinance

Fix Your Interest Rate with an FHA Streamline Refinance

By B Wood   Many homeowners are still stuck in an adjustable rate mortgage (ARM) loan. These loans can be extremely risky because they can go up at any time. Families that have budgeted for a specific loan amount could find themselves strapped for cash if their interest rate and monthly payment goes up. An […]

FHA Loans Become Less Appealing Following New Mortgage Rules

FHA Loans Become Less Appealing Following New Mortgage Rules

By E Singer   FHA loans were once the most popular loan option for buyers with less than perfect credit scores and who didn’t have a lot of money to put forward as a down payment for their loan. In today’s market, much of the incentive to get a FHA loan has started to disappear. […]

Page 1 of 212