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!
Tag Archives | FHA Loans
This week we dive headfirst into the world of FHA loans. What are they? Do I qualify? Am I asking too many questions? This and more answered inside.
Two changes to FHA loan monthly insurance premium (MIP) could affect anyone who chooses an FHA loan to refinance or buy a home. Changes that will affect you in the place you least like – your wallet. Or your budget.
Is the mortgage process that difficult? What is the perception? How does that differ from reality? Certainly the process is different from years past. It’s received a lot more attention these days and clearly it’s more regulated.
Today, the Obama Administration announced steps to support FHA loan holders seeking a refinance and servicemembers and veterans who were denied a lower mortgage interest rate or unjustly foreclosed upon.
There are a couple of options that are available to help you move into a home with a low down payment or zero down payment and most importantly, a comfortable monthly payment that won’t weigh you down.
A new initiative allows eligible jobless homeowners to defer mortgage payments while they seek employment.
The Federal Housing Administration (FHA) could possibly shut down. If this occurs, a valuable source of mortgage credit for homebuyers will no longer be available.
Rate dip opens a window of opportunity as the economy moves toward recovery and rates inevitably rise. Great news for those seeking financing as home buying season begins.