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19
Dec

FHA Loan Types

Posted by Susan Mitchell (0) Comment

FHA Loan Types – FHA Loan Guidelines

There are different types of FHA loans available to would-be borrowers. Using the FHA loan guidelines below, you can find out which one is most suitable for your needs. Remember you must also meet all the FHA Loan Requirements before yo can obtain your loan.

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Category : Loans News | Mortgages | Blog
18
Dec

Minimum Credit Score For FHA Loans

Posted by Susan Mitchell (0) Comment

What Is The Minimum Credit Score For An FHA Loan?

FHA loans have become more expensive and harder to get.  This is because earlier this year the Federal Housing Administration revealed a financial deficit in it’s 2009 statement. The reason is that it had been paying out more to cover defaulted loans than it was taking in from mortgage-insurance premiums. The imbalance drained the agency’s reserves to 1.5% of the loans it covers — below the 2% level required by law.

 

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Category : Loans News | Mortgages | Blog
18
Dec

FHA Loan Down Payment 2010

Posted by Susan Mitchell (0) Comment

Why FHA Loan Down Payments Have Changed

FHA Loan Down Payments have just became more difficult for some cross-section of people since beginning of this year when the Federal Housing Administration (FHA) Commissioner David Stevens announced some big changes to the FHA loan program:

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Category : Loans News | Mortgages | Blog
17
Dec

FHA Loan Refinance Streamline

Posted by Susan Mitchell (0) Comment

FHA Loan Streamline Refinance

The FHA Loan Refinance Streamline option is considered streamlined because it allows you to reduce the interest rate on your current home loan quickly and oftentimes without an appraisal. FHA Loan Streamline Refinance also cuts down on the amount of paperwork that must be completed by your lender saving you valuable time and money.

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Category : Loans News | Mortgages | Blog
17
Dec

Refinancing FHA Loans – FHA Loan Terms

Posted by Susan Mitchell (0) Comment

Discover The Terms Associated With Refinancing FHA Loans

FHA Loan terms associated with borrowing or refinancing FHA Loan are simple. If you want to refinance your home mortgage using an FHA refinancing loan, there are several things to know before you begin.

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Category : Loans News | Mortgages | Blog
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