Feeling overwhelmed by the prospect of purchasing a home? Many people associate homeownership with the American dream. Getting a mortgage is only one of the steps that most…
Category: Federal Housing Administration (FHA) Loans
FHA loans are mortgages insured by the Federal Housing Administration (FHA) and provided by banks or another authorized lenders. Learn the Pros and Cons of FHA Loans, application process, down payments, why do sellers avoid them, and more.
Top 7 FHA Lenders in the U.S.
Ready to buy a new house and wondering how the process can be easier? There are schemes for first-time homebuyers to make it easier and smoother. An easy…
A Deep Dive into FHA Refinancing: Rates, Trends, and Requirements
Current FHA Refinance Rates and Trends Just like checking your car’s gas level or consulting the weather before a road trip, understanding current FHA refinance rates is your ignition…
What Is an FHA Loan?
An FHA loan is a federal government initiative aimed at helping families access low-interest funding for a home purchase. The Federal Housing Authority (FHA), an agency under the…
FHA Construction Loan
You may have heard or read testimonials about FHA loans — how a friend or relation who would not have qualified for a mortgage was able to own…
Do Sellers Refuse to Sell to People Using FHA Loans?
Can a seller decline or reject an FHA loan offer from a home buyer? This is one of the most common inquiries homeowners ask, and the quick answer…
What Is Private Mortgage Insurance?
Purchasing a home is one of the most significant decisions you will make in your life. As a homeowner, you have a lot to consider, and it can…
Everything You Need To Know About The FHA MIP
Are you a first-time borrower looking for a mortgage loan? With a low down payment? If so, you may be considering an FHA loan. But before you apply…
How To Refinance a FHA Loan to Conventional Mortgage
Whether you’re a first-time home buyer, a buyer with a low credit score or you don’t have funds for a hefty down payment, FHA loans provide a convenient…
FHA Loans for Students – 2024 Guidelines
Finding a mortgage loan can be daunting for first-time homebuyers. This is especially true if you’re a student still trying to pay off your college loan. That’s why…