Did you know… – FHA Loan – 3.5% down, minimum credit score 580 or higher – VA Loan (for veterans only) – No Down Payment, credit score of 620 or higher or may vary [...]
FHA Loans provide a great option for many home buyers, not just first time home buyers. Just about anyone can use an FHA Loan. Some of the benefits of an FHA Loan are low down payment money [...]
Did you know that you can use money that is a gift for a down payment on a mortgage in some instances? Maybe you are a parent and have thought about giving a financial gift to a child. Many first [...]
SAN ANTONIO (San Antonio Express-News) – New Federal Housing Administration (FHA) rules will effect many first-time homebuyers as well as many current homeowners. One rule, which took effect [...]
The Federal Housing Authority (FHA) offers two (2) types of home-improvement loans for homebuyers: FHA’s 203(k): This program allows qualified homebuyers to roll the costs of major improvements [...]
Have you been thinking of buying a home? Excellent, I can help. Are you waiting to see what happens with home prices? With so many foreclosures and short sales out there still having a negative [...]
Congress reinstated the FHA loan limits through 2013 at 125% of local area median home prices, up to a maximum of $729,750 in the highest cost markets. The floor will remain at $271,050. The [...]
For a limited time HUD owned homes are eligible for special $100 down financing from FHA. Friends, we have a home buyers perfect storm of home affordability. HUD home pricing is always below [...]
ANN ARBOR, Mich. (CMPS Institute) – The Federal Housing Administration (FHA) is giving homeowners and buyers until Oct. 4 to lock in a low monthly insurance premium on FHA loans, according to [...]
WASHINGTON, D.C. (Realtor.org) – The Federal Housing Administration (FHA) yesterday relaxed what is known as the “anti-flipping rule.” FHA now provides mortgage insurance for some purchases in [...]