Category: FHA Loans

2010 FHA Home Loan Checklist

You might think it’s strange that I’m creating a 2010 checklist for FHA loans, since it’s only October 2009. But it actually makes a lot of sense. If you plan to buy a house next year, and you want to use an FHA home loan to pay for it, you need to start preparing right [...]

FHA Loan Down Payment Information for 2009

FHA home loans are surging in popularity lately, and for obvious reasons. Many first-time home buyers do not have much money saved up for a down payment, so they use FHA loans to finance their first home purchase. When you combine the benefits of these loans with the hard economic times we are in right [...]

FHA Mortgage Refinance for Lower Interest Rates

Are you in the market for home refinancing? If so, you’ve probably heard a lot about FHA mortgage refinance in the course of your research. In this article, I’ll talk about your FHA refinancing options and how they can be used to get a lower interest rate on a mortgage loan.
First of all, you need [...]

FHA Home Loan Requirements in 2009

Reader Question: “I have heard that an FHA loan is a good option for buyers with little money to put down. But I’ve also heard that the qualification requirements for FHA home loans in 2009 have become stricter. Is this true? What are the basic requirements to qualify for one of these mortgages?”
Get answers here: [...]