FHA Loans and Home Inspections
The difference between an FHA appraisal and a home inspection is a serious issue. Borrowers applying for an FHA mortgage to buy a home must have an FHA appraisal to ensure that the property meets...
View ArticleWhat Some Get Wrong About Home Loans
There is plenty of bad information about home loans out there. Many persistent myths color a house hunter’s opinion of certain mortgage options including FHA loans. What kind of misinformation is...
View ArticleQuestions To Answer Before You Start Househunting
Making assumptions about the home loan process can hurt you. For example, some borrowers believe the FHA loan program is wrong for them because they aren’t financially disadvantaged. That assumption...
View ArticleMortgage Borrowers At Risk In 2024?
Are FHA mortgages and other types of mortgages riskier in 2024? The answer may be YES thanks to a currently elevated potential for mortgage fraud initiated by scam artists. Fraud prevention company...
View ArticleMortgage Rate Trends In The Second Quarter 2024
At the time this article was written, 30-year fixed-rate FHA mortgage rates were listed in the low 7% range. Some expected that position to be far more prevalent in the past than it actually is as we...
View ArticleWhat You Need To Know About FHA Loan Closing Costs
What must you know about FHA home loans, cash to close, and your obligations at closing time? If you are a first-time homebuyer, it’s easy to get confused (initially) about the difference between your...
View ArticleShould You Buy A Home Now?
U.S. News and World Report published an article in Spring 2024 with data from a U.S. News survey of American mortgage trends this year. The information from that report indicates that many potential...
View ArticleNeed To Remodel Your Home?
What kind of FHA loan product is right for your home repair projects? Some people want to fund a remodeling or renovation project using a credit card, but what happens when you compare interest rates...
View ArticleBefore Your Home Loan Gets Approved
New house hunters looking for a home to buy with an FHA mortgage soon learn about the phases in the process of finding, making an offer, and moving into a new home. There is an initial phase for...
View ArticleFHA Home Loan Facts To Know Before You Buy
Many articles discuss what you can and cannot do with an FHA mortgage, such as the types of homes you can buy or whether or not you can earn money from a house you purchase with an FHA loan. But there...
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