Deciding which mortgage option is right for you can be challenging. However, researching and learning what each type of loan offers can help borrowers make the best choice based on their financial … [Read more...]
Save Thousands with FHA’s Reduced Mortgage Insurance Premiums
You could save thousands on your FHA mortgage by refinancing to take advantage of FHA's lower mortgage insurance premiums. Lower FHA Mortgage Insurance Premiums In January of this year, FHA (Federal … [Read more...]
FHA’s Reduction of Mortgage Insurance Premiums Lowers Mortgage Payments, and Could Boost Home Sales
On January 9, 2015, the Federal Housing Administration (FHA) officially announced that annual Mortgage Insurance Premium (MIP) rates will soon be reduced for FHA loans with terms greater than 15 … [Read more...]
FHA Announces Expiration of the Property Flipping Waiver
Since 2010, The Federal Housing Administration (FHA) has had in place a WAIVER of its rule prohibiting the use of FHA financing to purchase a property that was being sold within 90 days of its … [Read more...]
7 Important Facts About FHA Mortgages
FHA Mortgages have distinct advantages over other mortgages, especially if you want to put down less than 20% on a home. FHA Mortgage An FHA Home Mortgage is a home loan granted to American citizens … [Read more...]
End of the Controversial FHA Payoff Rule
The benefits of an FHA home loan for many borrowers far outweigh the FHA payoff rule, but it's more about the principle than the money for many people. If you have an FHA home loan and pay it off … [Read more...]
FHA Back to Work Program Putting Ex-Homeowners Back into Homes More Quickly
FHA's Back To Work Program allows home buyers to purchase a primary residence in as little as 12 months following a short sale, foreclosure, or deed in lieu of foreclosure. Learn more: FHA Back to … [Read more...]
Is an FHA Mortgage a Good Deal?
There isn't a single mortgage product that is perfect for everyone, so it's important to weigh all your options. Investopedia released a review of FHA mortgages with pros and cons that is worth … [Read more...]
Lower Mortgage Payments With The FHA HAWK Program
We examine the new FHA HAWK program in this video, which can save homebuyers a great deal of money over the course of their home mortgage. The FHA “HAWK” (Homeowners Armed with Knowledge) program … [Read more...]
Homebuyers who have not owned a home for 36 months could save with FHA’s new HAWK program.
FHA's HAWK Program gives qualified first-time home buyers a reduction on their mortgage insurance premiums (MIP) at closing, and another annual MIP reduction after the 18th month that will last the … [Read more...]
