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83FHA Loan Requirements
FHA loan requirements have been relaxed as part of the Federal government's Housing and Economic Recovery Act, 2008. The purpose of the act is to provide some relief for home owners affected by the housing...
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72All You Need To Know About FHA Loans
Why choose an FHA (Federal Housing Administration) insured loan?If any of the following situations apply to you, you may be eligible for an FHA-insured loan: This is your first house. You have a limited...
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65The HUD FHA Insurance Fund
The HUD FHA insurance fund was established during the Great Depression, when rates of foreclosure and default rose sharply. The purpose of the fund was to protect lower income Americans from being squeezed out of the home ownership market. These days, we need it more than ever!
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57A Mayor and His Mortgage - A Tale of Financial Disaster
One of the perks of being the President or Vice President of the U.S. as well as governor of one of the 50 states is free housing. The home comes with the job. However, except for major cities, like New...
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66FHA Loans
FHA loans help millions of Americans to own their own homes. FHA loana are federal assistance mortgage loans in the United States, insured by the Federal Housing Administration. FHA loans may be issued by any federally qualified lender. The beauty of FHA loans is that they have more lenient lending requirements than conventional mortgages. Lenders are nervous about certain borrowers, because they appear to have a higher risk of default. FHA loans are insured, which reduces the lender's risk and
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59The Pros and Cons of the FHASecure Program
The FHASecure program began September 5, 2007 allowing borrowers with non-FHA ARM mortgages to refinance their loan into an existing FHA program. It was expanded this July 14, 2008. Below are the some of the...
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55Get a Reverse Mortgage New York
Merrick, NY- Senior citizens, age 62 and older, now have additional cash flow alternatives when it comes to getting cash from their homes. Until recently, traditional home loans only offered the option of...
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58www.fha.com
What is FHA？The full name of FHA is The Federal Housing Administration, which provides mortgage insurance on loans, on single family and multifamily made by FHA-approved lenders throughout the United States...
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