by FHA Loan on May 28, 2010
Do you live in a recently designated Presidential disaster area? If so then as a disaster victim you may qualify for assistance getting a mortgage for a home. The Federal Housing Administration (FHA) insures such mortgages under Section 203(h) of the National Housing Act.
Get more information about the FHA 203(h) mortgage program.
by FHA Loan on May 27, 2010
If you would like to buy a “fixer-upper” then perhaps an FHA mortgage insured under Section 203(k) of the National Housing Act can make your life easier. These loans can even be used to refinance and rehab your existing home. Find out the benefits of this mortgage program and how it works.
Get the details on FHA 203(k) loans.
by FHA Loan on May 27, 2010
The Section 203(b) program is the centerpiece of the Federal Housing Administration’s mortgage insurance program. Its purpose since the 1930s has been to promote home ownership in the United states by reducing the amount of risk taken on by lenders, and thereby promoting easy-to-qualify mortgage loans.
Learn about the FHA 203(b) loan.
by FHA Loan on May 18, 2010
The Federal Housing Administration (FHA) offers individuals with an existing FHA mortgage a relatively painless way to refinance their home called an FHA streamline refinance loan. It requires very little documentation and underwriting, so it “streamlines” the refinance process.
Learn about FHA streamline refinancing.