Tag Archives: FHA

Entry Level Buyers Squeezed Out Of Mortgage Financing

Demand for condo units is rising in urban areas nationwide, but mortgage financing continues to squeeze out entry-level buyers, the Los Angeles Times reports. List prices for condos in major markets are rising faster than prices for single-family detached homes … Continue reading

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Nations Largest Home Lenders Cutting Involvement With FHA

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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FHA Fees Are Driving Away First Time Home Buyers

FHA Fees Are Driving Away First Time Buyers:  The Federal Housing Administration’s rise in its mortgage insurance fees in recent years is pricing many “creditworthy Americans out of the market” and causing the number of first-time home buyers to reach … Continue reading

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FHA Says: Take A Class And Save On Your Loan

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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Realtors Press FHA To Remain Available

Thousands of REALTORS® in Washington this week are letting lawmakers know how important it is that the FHA remain available to people who rely on the agency to become homeowners. Preserving a strong secondary mortgage market, maintaining real estate tax … Continue reading

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FHA Program Allows Ex-Home Owners To Purchase In 12 Months

Typically, home owners who lost their homes to a short sale or foreclosure are required to wait about 36 months before being able to purchase a primary residence again with a Federal Housing Administration loan. But the FHA’s Back To … Continue reading

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Foreclosed Owners Get Second Chance With FHA

FHA back to work program Foreclosed owners who lost their home due to financial hardships may get another shot at being home owners again soon. The Federal Housing Administration recently announced that they would shorten the waiting period for qualified … Continue reading

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