FHA Loan Requirements

March 11, 2021 - Ask market watchers who do this job professionally and you’ll learn that among some of these pros, the economic stimulus has at least a partial role in rising mortgage interest rates.  Recently, there's been a fairly significant rise from the lowest point on the 52-week average.

March 6, 2021 - The latest round of FHA and HUD policy decisions related to COVID-19 continue to focus on maintaining the ability to help borrowers and sellers without compromising pandemic safety measures. 

March 5, 2021 - HUD originally announced a COVID-19-related foreclosure moratorium in March of 2020. Since that time the agency extended the deadline to apply for relief multiple times. Extended foreclosure and eviction moratoriums now expire June 30, 2021.

March 3, 2021 - If you are thinking about buying a home with an FHA mortgage or building one on your own lot (or with land you buy in conjunction with the mortgage loan) there are some documents you will need to gather in the planning stages to get you to closing day.

March 2, 2021 - With a 2021 winter disaster to deal with, home owners across many states including Texas, Oklahoma, and elsewhere are looking at home repairs and renovation as part of disaster recovery. Other homeowners may need a home repair or upgrade no matter what kind of winter they are having.

March 1, 2021 - Those with FHA mortgages who own homes in the state of Texas are getting help from the federal government in the wake of deadly winter storms in the area affecting some half a million homeowners in the Lone Star State.

February 26, 2021 - If you have been looking at home loan interest rates and considering your refinance loan options, it’s a good idea to take some steps that will help you get closer to refi loan approval. It's a good idea to shop around and get all the information possible about how much a refinance loan will cost.

February 23, 2021 - If you want to build a home on your own lot using a One-Time Close construction mortgage, one thing you’ll be required to do is hire a contractor to do the work. One-Time Close (OTC) loans are different than other home loans that involve using a builder, performing rehabilitation or repair work, etc.

February 22, 2021 - HUD issued a memorandum indicating that will interpret the Fair Housing Act to bar discrimination on the basis of sexual orientation and gender identity and directing HUD offices and recipients of HUD funds to enforce the Act accordingly.

February 19, 2021 - Fair Housing Act laws forbid landlords, property managers, and anyone else involved in the housing industry from denying or limiting housing to people with disabilities. Housing industry professionals cannot refuse to make reasonable accommodations in policies or practices when necessary.