This Article Is About FHA Mortgage Requirements And Guidelines On FHA Home Loans There have been several changes to FHA Mortgage Requirements since the launch of the HUD 4000.1 FHA Handbook released last September 14, 2015. FHA loans are the most popular mortgage loan program today for home buyers. Besides being very popular with first-time […]
This Article Is About An Introduction To Government Mortgages And Lending Guidelines: Government-backed loans are owner-occupant primary home mortgages originated by private lenders like banks, mortgage brokers, and mortgage bankers but backed by a federal government agency. The government agency will partially guarantee the loss taken by lenders in the event the borrower defaults on […]
Victims of natural disasters can now find assistance in qualifying for a mortgage from HUD. Victims of natural disasters can qualify for an FHA loan if the natural disaster has affected their credit and other FHA eligibility requirements. Contact Gustan Cho Associates for disaster relief in qualifying for a mortgage if you are a victim of a natural disaster.
Homebuyers can qualify for a mortgage after bankruptcy and/or a housing event after meeting the waiting period. It is very important not to have any late payments after bankruptcy and/or a foreclosure. Borrower should have re-established credit.
This article covers HUD mortgage programs and guidelines on FHA Loans HUD Mortgage Programs On FHA Specialty Home Loans: If you have been following Gustan Cho Associates for a while, you will know we are the experts with FHA mortgage financing The Federal Housing Administration, overseen by the U.S. Department of Housing and Urban Development […]
FHA Spot Loans enables condo buyers to purchase a condo unit in a non-HUD-Approved Condo Complex with an FHA loan.
This Article Is About The FHA Minimum Credit Score Requirements On Home Purchase One of the most common questions I have been getting recently from my viewers is what are FHA Minimum Credit Score Requirements to qualify for an FHA loan with a 3.5% down payment. Many folks who contact me are often confused. This […]
This Article Is About The FHA Guidelines On Manufactured Home Loans On Purchase FHA Guidelines On Manufactured Home Loans are released: Buyers of manufactured homes should get familiar with FHA Guidelines On Manufactured Home Loans before entering into a real estate home purchase contract The United States Department of Housing and Urban Development is also […]
This Article Is About The FHA 203i Loans Mortgage Lending Guidelines For Borrowers HUD, the parent of FHA, launched the FHA 203i Loans to enable home buyers of Outlying Areas possible. FHA 203i Loans enables home buyers to qualify for FHA Loans on home purchases outside the city and metropolitan areas With 203i Loans, it […]