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Category: FHA Loans

FHA Condo Approval Rate

FHA Loans

New Legislation Could Help FHA Condo Buyers

April 12, 2016

FHA Condo Buyers Could Soon Have More Options For the last few years, there haven’t been a lot of options for prospective condo buyers who were relying on FHA financing to fund their […]

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FHA condo approval companies

FHA Loans

Companies that Know How to get Condos Approved with FHA

January 14, 2016

It sounds simple. If a condo meets FHA approval, the people who want to buy a unit in the condominium are eligible to apply for an FHA mortgage. If it […]

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Buying a condo with an FHA loan

FHA Loans

FHA Buyers Rejoice: More FHA Approved Condos Coming

December 8, 2015

It can be tough to find a condo building that is approved for FHA financing. But that’s just what many first time homebuyers are trying to do. Condominiums are a less […]

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Updates to FHA loans

FHA Loans · Home Buying

Changes Have Come to FHA Financing

October 27, 2015

by Ron Bennett (NMLS 57792), Sr. Loan Officer Since 1934, The Federal Housing Administration (FHA) has been helping people become homeowners by offering low down payments and lenient credit qualification. […]

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FHA down payment

FHA Loans · Home Buying

FHA Down Payment Facts You Should Know

September 29, 2015

It would be great to have loads of money just sitting in your savings account waiting to put a big down payment on your dream house. But for a lot […]

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Credit Score for FHA Loans

FHA Loans

What Credit Score Do You Need for an FHA Loan?

June 15, 2015

It can be confusing when you hear or read that people can get an FHA mortgage with 500 credit scores. Is it true, and if it is, how is that […]

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Using the FHA back to work program

FHA Loans · News

FHA Back to Work Program: Real Life Success Stories

May 29, 2015

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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MIP drops 35%, FHA gaining popularity

FHA Loans · News

FHA MIP Reduced 35%, Rates Drop, Luring Buyers and Homeowners

May 7, 2015

FHA loans just got a lot cheaper. Current FHA rates recently hit 20-month lows and are in the low- to mid-3s. As a bonus, monthly mortgage insurance costs for FHA […]

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FHA decreases their lending limits

FHA Loans · Home Buying

FHA Lowers Lending Limits, the Typical Borrower is Unfazed

January 8, 2014

The Department of Housing and Urban Development (HUD) made an official announcement that effective January 1, 2014, Federal Housing Administration (FHA) would be lowering lending limits for single-family homes. The […]

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FHA applications drop June 2013

FHA Loans · News · Private Mortgage Insurance

FHA Applications Plummet in June 2013

September 27, 2013

The U.S. Department of Housing and Urban Development, or HUD, recently released its monthly production report for June 2013 for mortgages underwritten to FHA guidelines. Each month, this report tallies FHA […]

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