First off, it's important to remember that you can not use FHA financing to purchase Investment property. FHA loans are for PRIMARY residents only... but time being what they are, we are finding …
Why Look At FHA Versus Conventional Loan
FHA Mortgage loans have a TON of great things going for them, and if you qualifiy for one, it's often a better program than a Conventional Loan. Easier to Qualify: Because FHA insures your …
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Can You Qualify For A Mortgage If You are Not Married??
If you found this post, you have a very specific question, and the very SHORT answer, is PROBABLY. Exactly what type of mortgage you get, is a slightly more detailed answer! VA LOANS: VA says …
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Applications for FHA / VA/ USDA Mortgages Up!
According to the Mortgage Banker's Association in Washington, DC, the applications for "Government" backed loans is MUCH higher than for any other segmant in the market. Traditionally, if you were …
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Condominium Loans and FHA Mortgage Changes
FHA announced new guidelines that will effect Condominiums beginning this fall. With their mortgagee letter, HUD (which governs the FHA Mortgage Loan program) changes the Spot Approval process, so …
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FHA Cashout Refinance Changes
You have 2 weeks to make application if you want to take cash out of your home using a FHA refinance. The technical explination of "cash out refinance" is when more than the balance of the …
