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Category: FHA Loans

FHA v Conventional: which is the best option?

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

What’s Better: FHA or Conventional?

March 8, 2022

It’s not always an easy choice. FHA and conventional loans are both widely available, and both can offer competitive mortgage rates. FHA has typically been the mortgage loan of choice […]

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Buying a mobile home with an FHA loan

FHA Loans · Home Buying

FHA Manufactured Home Loan | Guidelines & Requirements 2026

January 28, 2022

Mobile homes, also known as manufactured homes, represent more than one out of ten new homes built and provide an affordable alternative for home ownership. Less expensive than both new […]

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FHA Back to Work program

FHA Loans · Home Buying

FHA Back to Work Program – Guidelines & Chart

January 1, 2022

Editor’s Note: The FHA Back-to-Work Program expired Oct. 1, 2016. If you’ve experienced a foreclosure, short sale, or deed-in-lieu of foreclosure with extenuating circumstances, then you may be eligible for […]

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2014 FHA loan limits: what to know and expect

FHA Loans · Home Buying

FHA Loan Limits: Lower in 2014

January 1, 2022

The Department of Housing and Urban Development (HUD) announced Friday that FHA loan limits will decrease starting January 1, 2014. Federal Housing Administration (FHA) loans are popular with first-time home […]

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FHA loan pros and cons | MyMortgageInsider.com

Conventional Loans · FHA Loans · News

Pros & Cons of FHA Loans: When Should You Get One?

January 1, 2022

You want to buy a house. Good for you. But you don’t have a lot of money to put down on it, and your credit history isn’t as stellar as […]

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FHA condo spot approval can affect condo prices

FHA Loans · Home Buying · News

FHA May Allow One-off “Spot” Condo Approvals Again

January 1, 2022

In February 2010, FHA ended its policy that allowed buyers to request one-off approvals for individual condo units within a condominium project that was not FHA-approved. This policy, called a […]

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Low Rate Mortgages

FHA Loans · News

FHA Reduces 2015 Mortgage Insurance Premiums

January 1, 2022

In a landmark announcement, FHA said it will reduce its monthly mortgage insurance premium in January 2015. The move will save the average home buyer $100 per month and could […]

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FHA HAWK loan program to lower mortgage insurance

FHA Loans · News

FHA HAWK Program: Homeowners Armed With Knowledge Get Lower FHA Mortgage Insurance Rates

January 1, 2022

As early as the fall of 2014, the Federal Housing Administration (FHA) could give home buyers a break on mortgage insurance premiums through the Homeowners Armed with Knowledge, or HAWK, […]

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Home Improvement Loans - Complete Guide To Financing Your Remodel

FHA Loans · News

FHA Reduces 2017 Mortgage Insurance Premiums

January 1, 2022

Editor’s note: FHA rolled back this proposal, and FHA mortgage insurance did not change from previous levels. To see current FHA insurance premiums, see our FHA loan page. The FHA is […]

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You can now have an FHA loan close after the end of the month without penalty

FHA Loans · Refinance

FHA Refinances Can Close After Last Day of Month Without Penalty

January 1, 2022

FHA Refinance Borrowers Can Now Close Any Day of the Month FHA refinance savings keep piling up in 2015. First, FHA mortgage rates dropped to levels not seen since 2013. Then […]

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