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Starting in 2016, HUD is making home ownership more affordable for millions of Americans with the loan limits in 188 counties set to increase due to changes in housing prices.

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FHA Mortgage Insurance

FHA Loan Rates

July 23, 2016
FHA Rates for July 23, 2016
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Offering 15 Year Fixed Mortgages
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FHA Loans for Home Owners

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 Articles

Read About Mortgage News, FHA Updates, and Guidelines
Tax Liens And FHA Loan Approval

Not all borrowers come to the FHA loan or refinance loan process with the same types of credit history, FICO scores, or other financial qualifications. Some come with past financial judgments, some come with a bankruptcy or foreclosure in the past, and still others may be applying for an FHA mortgage with a tax lien on their credit record.

Common Questions About FHA Reverse Mortgages

The FHA’s version of the reverse mortgage, known as the FHA Home Equity Conversion Mortgage (HECM), is available to qualified borrowers who meet the FHA’s age requirements, occupancy requirements, and more. Reverse mortgages can be a bit more complex than a typical refinance loan.

Questions and Answers About Interest Rate Rules

The interest rate on your FHA mortgage is one of the most important factors when considering the long-term cost of your home loan. Do you know the facts about FHA mortgages and the interest rates on them? 

What You Should Know About Refinancing and FICO Scores

For borrowers with a home loan who are looking at refinance loan options, the FHA loan program offers several choices. What should you know about FHA loan FICO score requirements and related issues when considering your FHA refinance needs?

Calculating Your Monthly FHA Loan Mortgage Payment

How much will your monthly mortgage payment be? That’s an important question to ask early on when you’re planning your home loan. Is it really a simple calculation of how much the loan is, divided by how many months the mortgage loan payments are required?

Questions and Answers About FHA Mortgages

Buying a home is an important financial decision and there are many questions that FHA loan applicants have in the planning stages of the loan. Fortunately, there are simple answers to many common questions about buying a home with an FHA loan.

FICO Scores and Your FHA Mortgage

FHA single family home loans are used to buy owner-occupied residences. The FHA backs the mortgage loan, making it more attractive for the lender and easier to extend credit compared to the higher FICO score requirements of some conventional loans. But there can be confusion.

FHA Loan Rules: Credit Report Inquiries

Your loan officer is required to show on paper that a potential borrower can afford both monthly financial obligations owed currently, plus the amount of those financial commitments with the added the amount of a potential new monthly mortgage payment.

Participating Lender Standards for FHA Loans

There are many common questions about FHA home loans. One area that confuses some borrowers or potential borrowers has to do with the difference between FHA single family loan rules and minimum standards, and individual lender standards.

Learning About FHA Loan Standards

One common misunderstanding about FHA loans and FHA refinance loans has to do with the difference between FHA loan minimum standards and the standards of a specific financial institution.  The FHA loan rulebook is often not the final word on certain issues.