Have you read the 5 secrets to getting an FHA mortgage loan for home ownership published by HUD? There’s a secret out there about FHA mortgage loans that HUD wants you to know about. It’s so secret, that they published
an informational brochure but didn’t tell anyone about it.
The Secret Is OUT!
That’s right, HUD’s little [...]
Entries Tagged as 'Qualifying'
FHA Mortgage Loan Qualifying Secrets
December 15th, 2008 · No Comments · Qualifying
Tags:FHA·Qualifying
More New FHA Mortgage Loan Rules For Getting A New FHA Loan
September 24th, 2008 · No Comments · Qualifying
Just when you thought it was safe to go out and buy a new home HUD has changed the FHA mortgage rules with Mortgagee Letter 2008-25 which is a response to the “Walking Buyer” and “Buy and Bail” trends in Arizona as well as the rest of the country.
A Walking Buyer (or Buy and Bail [...]
Tags:FHA·Qualifying·Rules·walking buyer
FHA Loans – FHA Loan Requirement Update
May 2nd, 2008 · No Comments · Qualifying
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 [...]
Tags:Apply·Credit·FHA·First Time Home Buyer·Mortgage·No Credit·Qualifying