Quantcast

It is most important to stay current on FHA home loan payments. But, the FHA mortgage process is not a one-mistake situation; your lender will work with you provided you can demonstrate a legitimate need and a desire to be financially responsible.

FHA Mortgage Loan Rates

June 21, 2018
FHA Rates for June 21, 2018
Offering 30 Year Fixed Mortgages
Offering 15 Year Fixed Mortgages
Use our mortgage calculators
to see what you can afford!
FHA.com is a private company, is not a government agency, and does not make loans.

Prequalify Now!

Compare mortgage rates for your refinance or home purchase loan.

CHOOSE A LOAN TYPE

then
get
your

FREE CREDIT SCORE

Do you know what's on
your credit report?
The Path to Homeownership
FHA.com is a private company, is not a government agency, and does not make loans.

What If I Have Delinquent Payments?

FHA Common Question 41?

It is most important to stay current on FHA home loan payments, but should you encounter trouble there are many options available. One of those options includes a special forbearance-a special arrangement based on your financial circumstances. This is not the same as a one-time payment from the FHA or a partial claim. The special forbearance can provide for a temporary suspension or reduced payment.

If you are in a situation where your living expenses have increased, you may qualify for this FHA assistance. You must contact your FHA approved lender to get started. You'll be asked to show proof of the increased living expenses including medical bills, bank statements and other paperwork to justify your claim.

The FHA mortgage process is not a "one-mistake" situation; your lender will work with you provided you can demonstrate a legitimate need and a desire to be financially responsible.

NEXT:  What About Dishonest Lenders?

FREE CREDIT SCORES   From All 3 Bureaus  

Do you know what's on your credit report?

Learn what your score means.


FHA Loan Articles and Mortgage News

How to Prepare for an FHA Cash-Out Refinance Loan

June 11, 2018 - For those who want to cash in on the value built up in the home over time, the FHA cash-out refinance is an important option to consider. Be prepared for a new credit check and request copies of your credit reports. Then examine your FICO scores and your credit history carefully.

Is an FHA Manufactured Home Loan Right for You?

June 8, 2018 - Is an FHA manufactured home loan right for you? That is a question well worth asking, especially for those concerned that such loans may not be available in certain housing markets. Supply and demand plays an important role in how some lenders approach certain types of FHA loan transactions.

FHA Loan Options to Build or Buy

June 6, 2018 - How many FHA loan options to build or buy are out there for those who need a new home? The number and type of options may surprise you. FHA home loans can be used to buy condo units, mobile/manufactured homes, existing construction properties and also new construction.

FHA Loan Rules for Luxury Items

June 5, 2018 - Regarding luxury items and features in a home, the first and most basic issue is the existence of the pool, barbecue pit, or other similar upgrades. FHA loan rules do not forbid the purchase of a home with these features, but they must meet FHA standards where applicable.

FHA Home Loan Rules for Closing Costs

June 2, 2018 - Closing cost guidelines come into play regarding what expenses are considered part of the borrower’s required cash to close. Closing costs can include a lender’s origination fees, pre-paid items such as per diem interest, and discount points where applicable.

FHA.com Reviews

FHA.com is a one-stop resource for homebuyers who want to make the best decisions when it comes to their mortgage. With our detailed, mobile-friendly site, individuals can access information about different FHA products, the latest loan limits, and numerous other resources to make their homebuying experience easier. Take a look at some of the reviews from other FHA.com visitors!