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Anyone who tries to persuade you to make false statements on your loan paperwork is not only violating FHA home loan guidelines, they are breaking the law. Never deal with anyone who encourages you to be dishonest on your paperwork.

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June 21, 2018
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FHA.com is a private company, is not a government agency, and does not make loans.

What About Dishonest Lenders?

FHA Common Question #42

It's true, when you go off in search of an FHA approved lender, you may encounter some unsavory practices along the way. Perhaps you started looking at a non-FHA home loan provider without meaning to, or you found what sounds like a better deal. Even if you are getting a legitimate offer, be sure to follow some good FHA home loan/HUD advice. For starters, never sign any document you don't understand. Ask for a complete explanation of all terms and conditions. If you get the runaround when asking for clarification, do not sign the documents. If you are unsure about the reputation of a particular lender or seller, it's a good idea to consult some real estate agents in your area to check the references of the agency or seller in question. You may learn a great deal based on the prior experiences of the agents you speak with! Anyone who tries to persuade you to make false statements on your loan paperwork is not only violating FHA home loan guidelines, they are breaking the law. Never deal with anyone who encourages you to be dishonest on your paperwork. FHA guidelines were created for a reason. Any lender who has a problem following them to the letter isn't worthy of your business.

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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!