Posts Tagged 'fha lender'

Why FHA?

April 20 2009No Commented

Categorized Under: FHA mortgage commentary, Featured

The Federal Housing Authority (FHA) was created during the Great Depression with the goal of improving housing standards and conditions, providing financing through insurance of home loans, and stabilizing the housing market.  Despite the structural and technological changes the United States has gone through in the last three quarters of a century, the FHA has [...]

FHA 203K Rehab loans- why the Fed wants you to buy foreclosed properties

January 7 2009No Commented

Categorized Under: FHA Mortgage Information

A heads-up to realtors and buyers: the Feds want to help you buy and fix up existing homes. FHA 203K rehab loans are for you, not for someone else.
What’s in it for them? They want foreclosure properties and long-listed homes to get into the hands of caring owners.
How do they help you?
They guarantee mortgages that [...]

FHA Streamline Refinance

September 16 2008No Commented

Categorized Under: FHA Mortgage Information

With mortgage rates taking a tumble over the last few days, loan officers with customers who have an FHA insured mortgage have been calling frantically to get them locked in at a lower rate. 
What is an FHA streamline?
FHA Streamline refinance is a program designed to give borrowers who already have an FHA insured mortgage the [...]