FHA loans make homeownership more accessible for first-time homebuyers. If you have a lower credit score or minimal funds available for a down payment, these loans could also be ideal, as the lending ...
An FHA cash-out refinance lets you borrow against the equity in your home without having to take out a second mortgage. An FHA cash-out refinance involves swapping out your current home loan with a ...
Here’s what to know about requirements, limits and how FHA loans compare to conventional mortgages Written By Written by Contributor, Buy Side Rebecca Safier is a contributor to Buy Side and finance ...
New condo rules from the Federal Housing Administration could allow for the financing of an additional 60,000 condo loans each year. Currently, of the more than 150,000 condo projects across the ...
The Federal Housing Administration issued new guidelines Wednesday that aim to streamline the agency’s approval process for condominium projects. The long-awaited regulations are intended to promote ...
FHA loans are backed by the Federal Housing Administration and are easier to qualify for than conventional mortgages. You'll typically need at least a 580 credit score and a 3.5% down payment to ...
With over four years of experience writing in the housing market space, Robin Rothstein demystifies mortgage and loan concepts, helping first-time homebuyers and homeowners make informed decisions as ...
The FHA has released its new guidelines for backing mortgages in condo complexes. FHA loans have grown in popularity this year as the credit market remains tight. Often, even lenders who are not using ...
FHA adjustable-rate mortgages (ARMs) are insured by the Federal Housing Administration and are available as either fixed-rate or adjustable mortgages. FHA ARM loans offer a low initial interest rate ...
The U.S. Department of Housing and Urban Development and the Federal Housing Administration announced changes to its reverse mortgage program designed to keep non-borrowing spouses during the ...
Federal Housing Administration (FHA) loans are government-insured (though not government-issued) loans that enable home buyers and homeowners with less-than-ideal credit and smaller down payments to ...