Tag Archives: FHA loans

Nations Largest Home Lenders Cutting Involvement With FHA

Posted on September 23, 2014 by Cliff

The nation’s largest home lenders are curtailing their involvement in FHA  (Federal Housing Administration) loans, known for their small down payment requirements and help to first-time buyers and lower-income Americans. Lenders say they are concerned that they will be penalized … Continue reading →

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Down Payments For Lower Priced Homes Double

Posted on August 19, 2014 by Cliff

Down payments for lower priced homes double: Buyers looking at lower-priced homes are not only facing major inventory hurdles, they’re also finding that they have to bring more money to the closing table. The median down payment for the cheapest … Continue reading →

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FHA Says: Take A Class And Save On Your Loan

Posted on June 24, 2014 by Cliff

The Federal Housing Administration ( FHA )will be ending its public comment period in mid-August on a proposed program that would allow first-time home buyers to get a discounted mortgage if they enroll in housing counseling classes. The program, called … Continue reading →

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Getting Easier To Qualify For FHA Loans

Posted on March 4, 2014 by Cliff

Qualify For FHA Loans First-time and low-income mortgage borrowers may have an easier time qualifying for a FHA loan. Ginnie Mae, a government agency that issues bonds backed by FHA loans, reports that the average credit score on FHA loans … Continue reading →

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