Let Us Help You Get an FHA Loan
Whether you're a first time homebuyer, moving to a new home, or want to refinance your existing conventional or FHA mortgage, the FHA loan program will let you purchase a home with a low down payment and flexible guidelines.
FHA loan limits were established to define how much you can borrow for a HUD-backed mortgage. Each state has different limits, so be sure to look up your state to understand what is available for your FHA home loan.
Homeowners enjoy the benefits of investing in their property year after year. For some, there comes a time when that investment can come in handy. An FHA refinance loan can help put that equity to work.
A variety of FHA loan programs are backed by HUD and are available to home owners. Choose between adjustable and fixed rate mortgages, energy efficient and graduated payment loans, condo loans, and others.
FHA Loan Articles
Read About Mortgage News, FHA Updates, and Guidelines
Tax Documents and FHA Home Loan Applications
When applying for an FHA home loan, some lenders may ask for tax paperwork as part of the application process. Some borrowers may wonder if this is legal, or an acceptable practice for home loans in general.
Applying for an FHA Loan After Previous Delinquencies
After the housing market crisis of the previous decade, many mortgage borrowers found themselves having trouble making their monthly payments. In some cases, borrowers just walked away from the mortgage completely and allowed the home to be foreclosed upo
FHA Home Loans for Single Parents
There’s a type of common question about FHA home loans that involves whether there’s any special help for some FHA loan applicants such as single parents. Is there any assistance for people who need down payment help or lower mortgage payments?
Are FHA Loan Standards More Lenient Now?
FHA loan applicants should compare rates and terms with competing lenders to try to get the most favorable terms on the loan or refinance loan. Down payment rules for FHA loans require a minimum 3.5% down compared to up to 20% for conventional loans.
Can FHA Loan Closing Costs Be Financed?
Some of your FHA loan closing costs may be financed, and some may--after being negotiated between buyer and seller--be paid by the seller within the boundaries of the FHA loan program’s rules. The borrower can also pay some closing costs out of pocket.
FHA Changes Electronic Signatures Policy
The FHA has announced it would accept electronic signatures (also known as e-signatures) on several FHA home loan documents. The new policies are found in detail described in FHA Mortgagee Letter 14-03.
FHA Loans and Non-Occupying Co-borrowers
There are many questions about the official FHA loan rules for occupancy for single-family home loans. According to FHA rules, a borrower must occupy the home purchased with a single-family FHA loan as a personal residence as a condition of loan approval.
Loans the FHA Will and Won't Approve
Are you looking for an FHA guaranteed home loan? There are many questions about the house buying process, including what the rules are for the types of homes or properties you can purchase with an FHA mortgage.
A Common FHA Loan Closing Costs Question
There are many typical questions about FHA loan closing costs. For example, some wonder if the closing costs can be viewed as part of the required FHA loan down payment. (That is not possible, the closing costs and down payment are two separate things.)
FHA Loan With No Credit History
Some borrowers come to the FHA loan process with a long credit history, while other borrowers are just getting started. Is it possible for a borrower be turned down for an FHA loan because of a lack of credit history?