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Starting in 2017, HUD is making home ownership more affordable for millions of Americans with the loan limits in 2,948 counties set to increase due to higher housing prices.

Updates for 2017:
FHA Mortgage Insurance

FHA Mortgage Loan Rates

July 24, 2017
FHA Rates for July 24, 2017
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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 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.

Paying the upfront costs of buying a new home can be challenging.To help overcome this hurdle, many local and state agencies offer down payment assistance in the form of grants or second mortgages.

If you’re getting ready to shop around for mortgage options, it’s a good idea to brush up on some of the technical terms in our Mortgage Glossary. You’re going to be hearing a lot of them!

FHA Loan Articles and Mortgage News

Read About FHA Requirements, Updates, and Guidelines
How FICO Scores Affect Your FHA Home Loan

May 12, 2017 - The FHA Handbook instructs lenders that a borrower is technically qualified for maximum financing  at the required minimum 3.5% down payment when the applicant has a FICO score at 580 or higher. 

What Costs Can Seller Pay With FHA Loans?

May 12, 2017 - When it comes to buying a home with a FHA guaranteed mortgage, the FHA loan program has some options buyers and sellers alike can use to make that closing a reality.

Can I Make an FHA Home Purchase for a Fixer-Upper?

May 11, 2017 - Homebuyers don't always want to take out an FHA guaranteed loan to purchase a brand new home. There are plenty of bargains to be had purchasing "fixer-upper" properties, and you can save thousands of dollars on the purchase price of a home that has fallen into disrepair.

Down Payment Assistance for FHA Loans

May 7, 2017 - Is down payment assistance available from the FHA for new home purchases? Many want to know if they can apply for help with their down payment. It may be available depending on what your state or local agencies offer.

Time to Get Started With an FHA Loan

May 1, 2017 - Are you thinking about your options for an FHA mortgage? Borrowers should spend plenty of time examining several aspects of their finances and credit before filling out paperwork or online forms to apply or get pre-approved for an FHA loan.

Can FHA Closing Costs Be Financed?

May 1, 2017 - 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.

Minimum FHA Loan Standards for Properties Served by Wells

April 28, 2017 - When the FHA and HUD published new single family home loan rules in HUD 4000.1, they replaced all the previous FHA/HUD publications with rules and regulations for FHA mortgages. 

FHA Loan Rules and House Flipping

April 26, 2017 - Can a flipped home, purchased and renovated for sale at a higher price in a short amount of time, ever be eligible for an FHA home loan? That is a question that’s more common that you might think.

FHA Refinance Loan Options: Lower Rates and Fixed Rate Loans

April 22, 2017 - Some kinds of FHA refinance options are intended for borrowers with existing FHA mortgages, but those with non-FHA mortgages have FHA refinance help waiting, too. What does it mean to refinance your existing home loan? 

What Does the FHA Handbook Says About Work Permit Rules?

April 16, 2017 - U.S. citizenship is not a requirement for borrowers seeking an FHA home loan or refinance loan. The FHA loan Handbook, HUD 4000.1, states clearly that while only legal resident or nonresident aliens are eligible to apply, actual U.S. citizenship is not an issue.