The Federal Housing Administration is going to be making some changes to the FHA loan soon. Find out what they are and how they impact current and prospective FHA loan holders.
FHA Loan Changes and What They Mean For You
by Amber Hunt on August 31, 2010 in Mortgage Updates and Changes
Veterans: Should You Choose a VA Loan or an FHA Loan?
by Amber Hunt on June 10, 2010 in Home Buying, Refinance Mortgage
Information for veterans weighing the pros & cons of two popular government loans, the VA loan & the FHA loan.
Conventional vs FHA Loans – Know Your Options
by Amber Hunt on June 8, 2010 in Mortgage Rates
With mortgage rates being at record lows and many people ready to buy or refinance, it’s important to know the facts about the loan options available to you. Read this brief evaluation of conventional vs FHA loans & know the facts before you sign on the dotted line.
7 Things to Know Before Applying For a Home Loan
by Amber Hunt on May 21, 2010 in Mortgage Rates
With interest rates near historic lows many people are ready to buy their first home. Being prepared for what’s to come will help make the process easy and painless.
What Does The Future Hold For FHA Loans?
by Amber Hunt on May 17, 2010 in Mortgage Rates
The Federal Housing Administration’s “elevated role” in helping ensure mortgage financing remains available is “temporary” according to U.S. Assistant Housing Secretary David Stevens.
Everything You Need to Know About The FHA ARM
by Jordan Fylonenko on May 3, 2010 in Mortgage Rates
The popularity of FHA home loans has exploded since the dip in the economy, with FHA loans now accounting for almost 30% of mortgages in the United States. With interest rates aggressively low, now is a great time consider refinancing with an FHA adjustable-rate mortgage (ARM). Whether you’re buying your first home, looking into a fixer-upper, making your home more energy-efficient, or just looking to refinance, a government-backed FHA ARM may be the best option to help you reach your financial goals.
Operations Cease for Lend America, FHA Cites Abuse
by Jenny Zhang on December 2, 2009 in Home Buying
According to Reuters, on Tuesday Lend America, a home mortgage company, ceased all loan originations and operations. The company changed their homepage to show customer service and inquiry numbers, as well as to convey that they are no longer in business.
Housing Affordability Index Shows Homes Still Affordable with Low Mortgage Rates & Pricing
by Jenny Zhang on August 28, 2009 in Mortgage Rates
In July, single-family homes continued to be affordable for Americans, according to a report released today by the National Association of Realtors. The study released today indicates that home prices fell two percent compared to the month prior, with the median cost of a single-family home decreasing an average of $3600.
What’s Better Than Free Money For Buying a House? How About a Free Down Payment.
by Clayton Closson on May 29, 2009 in Home Buying, Mortgage Rates
Quicken Loans Mortgage News. The $8,000 federal tax credit for first-time home buyers is about to become the greatest source of down payment in the history of home buying, thanks to a new federal policy change.
AP: President Obama Signs New Mortgage Law To Prevent Further Foreclosures
by Clayton Closson on May 22, 2009 in Mortgage Rates
President Barack Obama signed a new mortgage bill into law on Wednesday encouraging lenders to spare homeowners from foreclosure and take action on predatory lending practices.
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