Pompano Estates FHA Loans FHA Government Loans .org is known as Mortgage Information Technologies LLC in lieu of true name, is a news and information service providing Federal housing authority news, content and directory information relative to mortgages and loans.
The requirements to get an FHA loan for a condo are strict. The complex itself needs to be FHA approved. Here’s why and what you can do about it. The requirements to get an FHA loan for a condo are strict. The complex itself needs to be FHA approved. Here’s why and what you can do about it.
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WASHINGTON – If you want to buy a house with minimal cash by using an FHA-insured mortgage, here’s some sobering news. Dennis Smith, broker and co-owner of Stratis Financial in Huntington Beach,
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The Federal Housing Administration wants to make it easier for people who have defaulted on their mortgages to get a new home loan with FHA backing. Cirelli of RTC Mortgage Corp. in Laguna Beach.
What Is an FHA Loan? An FHA Loan is a residential mortgage insured by the Federal Housing Administration. Having the backing/insurance of the Federal Housing Administration enables lenders to offer loans for a person’s primary residence that have easier qualification standards and lower down payment options than are otherwise available via traditional mortgage products.
But despite the costs, the FHA – even without the Obama rate cut – tends to be cheaper than private mortgage insurance for borrowers with poor to fair credit who can’t make down payments of even 5%,