Archive for the ‘FHA Loan’ Category

Are FHA home loan requirements tight?

Actually FHA loan requirements are among the most forgiving in the industry while providing a competitive interest rate and reasonable fees and costs. This is because they are government backed and it has been public policy to make home ownership fairly easy and affordable. Some of this flexibility is demonstrated as follows: • Credit scores [...]

Am I eligible for FHA mortgage insurance premium refund?

You might be eligible for a refund of a portion of the insurance premium if you obtained your loan after September 1, 1983, paid an up-front mortgage insurance premium, and did not default on your mortgage payments. Also, if you are not inquiring more than six years after termination of the loan, you might be [...]

Are FHA Home Loan Requirements Tight?

Actually FHA loan requirements are among the most forgiving in the industry while providing a competitive interest rate and reasonable fees and costs. This is because they are government backed and it has been public policy to make home ownership fairly easy and affordable. Some of this flexibility is demonstrated as follows: • Credit scores [...]