With the FHA Secure Short Refinance, when you owe more than your home is worth, there are typically three outcomes. Which option you are presented with in the outcome of your FHA Secure Short Refinance will depend upon the negotiations with your current mortgage lender.
Short Refinance Write Down – This is the option of [...]
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FHA Mortgage Loans are generally the most attractive loan options on the market in today’s Real Estate environment.
FHA Mortgage Loans have gained popularity among the First Time Home Buyer niche. Specifically due to the fact that:
FHA Mortgage Loans are generally easier to qualify for than conventional loans
Prior credit problems can be explained in a [...]
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Tags:FHA·First Time Home Buyer·Loans·Mortgage
FHA Mortgage Loans And The First Time Home Buyer
Although FHA Mortgage Loan financing was not originally designed for the First Time Home Buyer, it’s mortgage qualifying characteristics and requirements make it ideal for the buyers looking to purchase their first home.
Back in 1934 the Federal Housing Administration (FHA) was established to improve housing conditions and [...]
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Tags:Buying·FHA·First Time Home Buyer·Mortgage·Purchase
FHA Loan Requirements have changed for borrowers who do not have an established credit history or do not have a credit score to qualify for conventional mortgage financing. The Federal Housing Administration (FHA) has allowed for borrowers who lack a credit profile with Experian, Trans Union or Equifax to use other types of credit [...]
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Tags:Apply·Credit·FHA·First Time Home Buyer·Mortgage·No Credit·Qualifying
