One of today’s most popular home financing programs is an FHA loan. These loans have been around since 1934, but their guidelines have changed quite a bit over time. At one point, for example, borrowers needed a credit score of at least 640 to qualify for an FHA loan. The Federal Housing Administration (FHA) has
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Have you ever wondered about applying for an FHA home loan while having collections and charge-off accounts in your credit history? Are you unsure whether you can get approved for an FHA home loan with collections and charge-off accounts? Yes? Then read on as this post will provide detailed information about qualification requirements of FHA
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How Does FHA Define Family Member: Non-Occupant Co-Borrowers If you were wondering how does FHA Define Family Member you will find out in the following article. FHA or the Federal Housing Administration which is overseen by HUD or the United States Department of Housing and Urban Development has their own guidelines on how does FHA
Read MoreBe Informed About Your Mortgage Options If you are a new homebuyer or any homebuyer for that matter, there is one thing you need to figure out when deciding on the type of loan you are looking to get. You need to figure out if you are better suited for a fixed-rate mortgage or an
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