Can I Refinance My Mortgage With an FHA Loan?
The Federal Housing Administration (FHA) insures new and refinance home mortgage loans in partnership with the Department of Housing and Urban Development (HUD). FHA refinance programs offer varied...
View ArticleFHA Fact Sheet on an Energy-Efficient Mortgage
The cost of utilities impacts the long-term affordability of a mortgage. To help homeowners reduce utility costs, the Federal Housing Administration (FHA) manages the Energy Efficient Mortgage (EEM)...
View ArticleClik here to view.
FHA Mortgage Information
A mortgage backed by the Federal Housing Administration makes home ownership accessible to more households normally unqualified for a conventional loan. More than 34 million properties have been...
View ArticleClik here to view.
How Long Do You Pay Mortgage Insurance on an FHA Loan?
The Federal Housing Authority (FHA) always requires mortgage insurance on their mortgage loans. Its official name is Mortgage Insurance Premium (MIP) and is charged to the borrower at closing in two...
View ArticleClik here to view.
How to Find Out if a Complex Is FHA Approved
The Federal Housing Administration, an office within the U.S. Department of Housing and Urban Development, insures mortgage loans for qualified borrowers. HUD has specific criteria for guaranteeing a...
View ArticleClik here to view.
Veteran's Mortgage Vs. FHA
The Department of Veterans Affairs (VA) and the Department of Housing and Urban Development's (HUD) Federal Housing Administration (FHA) provide government-guaranteed home mortgages. These departments...
View ArticleClik here to view.
How Do I Close an FHA Mortgage?
If you can't manage a 20 percent down payment on your house, expect higher interest rates, says Lending Tree. If you have that much of your own money invested, mortgage bankers believe you'll be...
View ArticleClik here to view.
What Happens When You Default on a FHA Mortgage?
Mortgage defaults generally lead to a foreclosure of the property, with the lender taking possession. Defaults on federally backed mortgages often follow the same pattern. The Federal Housing...
View ArticleClik here to view.
Can You Do a Quit Claim on a FHA Mortgage?
The Federal Housing Administration has insured home loans for a large part of the nation's mortgages since the housing market collapsed in 2008. A borrower with an FHA-insured loan typically has low to...
View ArticleClik here to view.
Can FHA Finance a Mortgage on a Sheriff's Sale Home?
The Federal Housing Administration (FHA) helps borrowers purchase affordable housing through its mortgage insurance programs. It insures loans made to low- and moderate-income borrowers, guaranteeing...
View ArticleClik here to view.
What Costs Are Associated with a FHA Mortgage?
FHA mortgages are home loans insured by a program administered by the Federal Housing Administration. They offer a low 3.5 percent down payment and relaxed qualifying terms compared to traditional...
View ArticleClik here to view.
What Is the Origin of FHA Mortgages?
The Federal Housing Administration has been associated with affordable home loan financing for nearly a century. It is rooted in the Great Depression, when it emerged as a means of stimulating home...
View ArticleClik here to view.
How Does an FHA Mortgage Affect the Seller of a House?
Several benefits come with selling your home to a buyer with a home loan insured by the Federal Housing Administration. Government-backed mortgages are the norm in tough housing markets because...
View ArticleClik here to view.
When Does PMI Fall Off on FHA Mortgages?
Many different types of mortgage loans are available to borrowers, including federally backed versions such as the Federal Housing Administration-insured mortgage. Because the FAA insures the...
View ArticleHow to Include the Spouse's Income on a FHA Mortgage
The Federal Housing Administration is a government agency that insures mortgage loans. According to the U.S. Department of Housing and Urban Development, the FHA is the largest insurer of mortgages in...
View ArticleClik here to view.
What Fees Does the Seller Have When Selling to Someone With an FHA Mortgage?
To widen their available pool of home buyers, home sellers frequently offer to sell to buyers with FHA-insured mortgages. Mortgages backed by FHA come with their own set of conditions. Typical seller...
View ArticleClik here to view.
Can I Rent Out My Home With an FHA Mortgage?
A homeowner may want to rent out his home for various reasons. If the home is financed with a loan backed by the Federal Housing Administration, the borrower must proceed with caution. FHA loans are...
View ArticleClik here to view.
How to Get an FHA Mortgage Loan for Low-Income People
FHA loans are used to purchase, refinance or make improvements to homes. When the Federal Housing Administration insures lenders against potential losses from FHA-insured mortgage loans, they are more...
View ArticleClik here to view.
New Law About FHA Mortgage Help
The White House and Congress have approved new regulations that help homeowners with FHA mortgages save money. By reducing fees on FHA refinancing, the new laws may help from two to three million...
View ArticleClik here to view.
How Long to Process an FHA Mortgage?
The popularity of Federal Housing Administration loans can affect the time it takes to process the loans. Insured by the federal government, FHA loans include a guarantee to repay the lender if the...
View Article
