FHA
FHA Loan vs. VA Loan
There are many different types of home loans that are designed to help low income families and military veterans. FHA loans are loans that are backed by the federal government that allows low income families to qualify for a home loan. A VA loan is a type of home loan that is only offered to […]
House Requirements for FHA Loans
Individuals who are earning a low income qualify for special home loans that help the borrower afford a home. FHA loans are a type of loan specifically designed for low income individuals and low income families. The current housing market is making it difficult to qualify for a traditional mortgage loan and the credit crunch […]
FHA Reverse Mortgages
For homeowners interested in a home equity loan, FHA reverse mortgages should be considered. A home equity loan provides a large lump sum of money based on the amount of equity in the home, which is basically how much the homeowner has paid on the mortgage. Typically, home equity loans can only be approved for […]
What is an FHA Loan
FHA loans are provided through the United States and are administered through lenders qualified by the Federal government. FHA is short for Federal Housing Administration; the government branch that governs these loans. There are several types of FHA mortgages making it a wise idea to speak with a financial or housing counselor when considering a […]
FHA Mortgage Loans
With the Securities Exchange Commission taking a significantly more active role in the activities of financial services firms in the Unites States following the market crash, it’s only fitting that housing organizations and government bodies step in after this industry’s downward spiral. In this case, it is the FHA – the Federal Housing Administration – […]
FHA Home Loans
The FHA or Federal Housing Administration has made it easier for people to be able to afford their own homes. This has changed the lives of literally thousands of American citizens who would otherwise not have been able to afford a house of their own. Not only does it give them a house of their […]
FHA Loan Credit Score Requirements
An FHA loan is a type of mortgage that is insured by the FHA (Federal Housing Administration). These loans are typically given to first-time homebuyers, individuals with lower incomes, or those with special needs that are in need of financial assistance. It should be noted that the loan is not actually granted by the FHA, […]
