FHA Loan for Homeowners
Take the Steps to Get Your Mortgage
Purchasing a home is one of life's major landmarks and for some, it is even a dream come true. At FHA.com we understand the magnitude of this decision and it is our goal to make your transition into home ownership unforgettable. Regardless of whether this is your first or your fifth home purchase we will do our best to ensure that getting you into your new home is a pleasant and memorable experience.
FIRST STEPS
When you begin to seriously consider purchasing a new home it is important that you follow some simple steps to make sure that the process runs smoothly.
The first thing you should do is an analysis of your debt to income ratio. This important step will let you know what type of home you can afford based on your monthly income and expenses.
The next important step in purchasing a new home is to get pre-approved for a home loan. The peace of mind that comes with knowing that your mortgage loan and credit report have been approved will allow you to shop for your new home with confidence. And when you find a home and are ready to make an offer the fact that you have already been pre-approved for your loan amount will give the seller confidence in you as a buyer.
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FHA Loan Articles and Mortgage News
May 21, 2019 - If you're applying for an FHA home loan, you aren't forced to apply and be responsible for the debt all by yourself. FHA rules allow a co-borrower or cosigner to apply alongside the borrower.
May 20, 2019 - In a tough economy borrowers worry about bankruptcy, foreclosure, and the effects such issues can have on the ability to borrow. So, what is the required waiting period for new FHA home loans after filing bankruptcy or foreclosure?
May 18, 2019 - If you are contemplating having a home built from the ground up for you using an FHA One-Time Close construction loan, or a USDA equivalent or even a VA One-Time Close construction loan, there are many things to consider in the planning and design stages.
May 17, 2019 - Do you need answers about pressing home loan questions such as how much your estimated down payment will be, how much you could pay on a monthly mortgage, and how much your seller is allowed to contribute toward your closing costs?
May 15, 2019 - There is a major home buying mistake you should never, ever make when considering the purchase of a piece of real estate. When you make an offer on a home and are serious about purchasing that particular piece of property, an appraisal is required. Don't skip it.
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!
