Learn About FHA Loans and How You Can Qualify
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What documents and information will my FHA lender require?
The FHA will ask for a lot of information, which will go on your loan application. Be sure to ask your loan officer for a complete list of required data and give yourself plenty of time to gather the ...
What will happen if I fall behind on my FHA loan payments?
Obviously, you want to make your payments on time and avoid problems with your FHA loan repayment. Sometimes, life gets in the way. Act quickly if you fall behind on your FHA mortgage. Never ignore it...
If the house I'm buying looks good to me, why should I pay for a home inspection?
Resist the temptation to skip a home inspection when you're buying a house. It will can give you a more complete understanding of the home's condition and possibly reveal problems that you can't see. ...
What is the Up Front Mortgage Insurance Premium and how much does it cost?
FHA collects a one-time Up Front Mortgage Insurance Premium (UFMIP) and an annual insurance premium (MIP) which is collected in monthly installments. Most FHA loan programs make the UFMIP a requiremen...
What are the benefits of a FHA streamline refinance loan?
Refinancing a mortgage is a great option for borrowers who want to refinance into a lower interest rate or monthly payment. Streamline refinance loans allow FHA borrowers refinance without the usually...