FHA Mortgage Loans are perfect for folks who need "a little flexibility." They offer 3,5% down payments, credit scores lower than their Conventional Counter Parts - and the ability for the Underwriter …
Can FHA Gift Funds Come From A Spouse?
FHA Mortgages require a 3.5% down payment in North Carolina... that's much cheaper than the 5% you might be stuck paying on a Conventional Loan! The good news is that FHA allows for the down payment …
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Medical Collections and FHA Mortgage Change July 1, 2012
Medical Collection Boo-Boo's are usually the hardest things to remove from a credit report, even though the Fair Credit Reporting Act does have pretty strong language about them. Fortunately, Medical …
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What Does Endorsed By May 31, 2009 – FHA Streamline Refinance
There's a new FHA Streamline Refinance program coming on June 11, 2012 and lots of people are interested in it! It has a new "tier" for the FHA PMI rates - that is much lower than the current rates! …
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FHA May Change Seller Contribution Limits
In 2010, FHA issued a fairly detailed document that outlined changes they felt were necessary to keep the Capital Requirements of the fund solvent. Those changes updated minimum credit scores …
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FHA Says: Pay Off Disputes Over $999
FHA Announced a BIG Change that will take place this summer. According to the FHA Mortgagee Letter 2012-3, beginning July 1, borrowers with ongoing credit disputes totaling more than $1,000 will have …
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