Learn About FHA Loans and How You Can Qualify
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How soon after financing a home with an FHA loan can it be sold?
The FHA has anti-flipping rules that would prevent an FHA borrower from buying a home to flip, but there are some exceptions to the FHA’s anti-flipping requirements. In general, FHA loan rules don’t h...
What do I need to know about earnest money and closing cost rules?
Borrowers don't usually know this, but lenders are required to verify where earnest money and closing costs come from. These FHA requirements are outlined HUD 4000.1, otherwise referred to as the Sing...
What is the FHA?
The Federal Housing Administration is an agency of the federal government. The FHA insures private loans issued for new and existing housing, and for approved programs for home repairs. The FHA was cr...
Do FHA mortgages have loan limits?
The FHA has a maximum loan amount that it will insure, which is known as the FHA lending limit. If you are looking to buy a house that exceeds this limit, you are required to pay the difference as you...
