The FHA has issued new guidelines that will make it easier for clients to get certain FHA streamlines. There’s now less hassle around the funds you need to bring to close. Read on for more details.
A Federal Housing Administration (FHA) loan provides many benefits for home buyers and those who are trying to refinance. Let’s take a minute to better understand the particulars of this government-insured program to see if it’s the right decision for you.
Minnesotans have always had to declare full documentation in order to get an FHA or VA streamline loan. A recent law change could make the process easier, though.
Changes in FHA mortgage insurance premiums and a new conventional program could be helpful for those looking to buy a home. Read on to find out how these developments could affect you.
For some of us, the end of 2013 just signals the beginning of 2014. However, the end of this year is different. FHA loan amounts are set to expire, meaning beginning in 2014, loan limits will readjust to Fannie Mae and Freddie Mac conforming limits. Read ahead to find out what this could mean for you.
Read to learn more about low down payment mortgage options to buy a home.
The mortgage market is one area that potentially stands to lose heavily if the shutdown continues, but it’s been holding its own so far. Rates have actually dipped a bit because stocks have been so volatile that investors are looking to the safer MBS market.
If you'd like to buy a home with less than 5% down, you have a few options.Find out what kind of loans you can get with a low or no down payment!
Jumbo things are normally great, like jumbo shrimp or jumbo jets. Does the same apply to a jumbo loan? Read this week's Know Your Mortgage to see what the "Jumbo" implies for your home loan.
I’m usually not a fan of rushing into big decisions. But under the circumstances, I’d say hurry up! The Federal Housing Administration’s (FHA) fast-approaching changes on mortgage insurance will surely result in a heftier price tag for new home buyers and refinancers come June 3.