FHA Loans · Refinance

FHA Mortgage Insurance Refund Guidelines [Chart]

October 17, 2019

When you get an FHA loan, you pay a mortgage insurance premium at the time of closing. This initial premium is the called the upfront mortgage insurance premium (also known […]

Read More...

FHA Loans · Mortgage Strategy · Refinance

FHA Streamline Refinance: Negotiate Zero Out-of-Pocket Closing Costs

August 7, 2019

Mortgage interest rates are at historic lows across all major loan types. Ellie Mae’s September Origination Report stated FHA loans are no exception — average mortgage interest rates decreased to […]

Read More...

More

FHA Loans · Home Buying · USDA Home Loans · VA Home Loans

100% Financing Home Loans for 2019

June 4, 2019

100% financing home loans are essentially no money down home loans — they’re mortgages that finance the entire purchase price and eliminate the need for a down payment. Large down […]

Read More...

Credit · FHA Loans

Low Credit Score Home Buyers Could Qualify with this FHA Policy

May 15, 2019

Editor’s note: The 2017 changes are still in effect in 2019. According to Ellie Mae, more lower-credit FHA applicants are being approved. In July 2016, only 19% of closed FHA loans […]

Read More...

FHA Loans · Refinance

Access Your Home Equity with an FHA Cash-Out Refinance

March 5, 2019

Editor’s note: Starting September 1, 2019, HUD, the administrator of FHA loans, reduced the maximum FHA cash-out refinance loan-to-value to 80%, down from 85%.  What is an FHA cash-out refinance? […]

Read More...

FHA Loans · Refinance

FHA Streamline Refinance Rates & Guidelines for 2019

February 25, 2019

The FHA streamline refinance program helps current FHA homeowners lower their interest rate and monthly payment — it’s a fast and cost-effective way to refinance with lenient documentation requirements and […]

Read More...

Ask Tim · FHA Loans · News · Refinance

Can I Use an FHA Refinance to Remove a Borrower?

May 16, 2018

The FHA streamline refinance allows borrowers to reduce their rate with no pay stubs, no W2s, and no appraisal. But is an FHA streamline possible while simultaneously removing a borrower from […]

Read More...

FHA Loans · Home Buying

The FHA 203k Rehab Loan: Financing the Fixer-Upper

October 5, 2017

Have you found a home that you love, but it’s in bad shape? The 203k loan may be a perfect way to purchase a home that is a little rough […]

Read More...

FHA Loans · News

Trump Administration Suspends FHA Fee Cut

February 1, 2017

An hour after Donald Trump’s inauguration on January 20, his administration suspended the previous administration’s cut to FHA annual mortgage insurance premiums (AMIP). Announced on January 9, the rates would […]

Read More...

Conventional Loans · FHA Loans · Home Buying · News · Private Mortgage Insurance

Piggyback 80 10 10 Loans Will Save You Money in 2019

January 16, 2017

80 10 10 Loans for Today’s Home Buyer An 80 10 10 loan is a mortgage option in which a home buyer receives a first and second mortgage simultaneously, covering 90% of […]

Read More...

Get Free Quote

Choose Loan Type:

Conventional Refinance VA Streamline Refinance FHA Streamline Refinance Home Purchase Conventional Home Purchase FHA Home Purchase USDA Home Purchase



Choose Your State:

Choose Your State... Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Dist. of Columbia Florida Georgia Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming







• Search

• As Seen On

  

• Tim Lucas

  

  Mortgage expert Tim Lucas has been helping home owners for over 12 years.

• Subscribe to our Mailing list

  Don't miss important home loan updates. Sign up for our newsletter. Your privacy is assured. More

  * indicates required

  Email Address *

  First Name

  Last Name

  
  
• 

• Categories

  • Ask Tim
  • Cash Out Refinance
  • Conventional Loans
  • Credit
  • Expert Interviews
  • FHA Loans
  • HARP
  • HARP 3.0
  • Home Buying
  • Homeowner Tips
  • Investment Properties
  • Jumbo Loans
  • Mortgage Rates
  • Mortgage Strategy
  • News
  • Niche Mortgage Products
  • Private Mortgage Insurance
  • Q&A
  • Real Estate Market
  • Refinance
  • Uncategorized
  • Understanding Mortgages
  • USDA Home Loans
  • VA Home Loans

• Recent Posts

  • Why You Should Avoid Large Bank Deposits During the Mortgage Application Process
  • Current Mortgage Interest Rates
  • Can You Get A 40-year Mortgage?
  • A Complete Guide to Home Loan Closing Costs
  • Should You Buy or Lease A Car Before Applying For A Mortgage?