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FHA Appraisal Guidelines and Requirements

FHA Appraisal

Getting a home involves many steps, and understanding appraisals can be a critical part. In particular, FHA appraisals have their own set of rules. So, how long is an FHA appraisal good for, and what can you expect from the process? Let’s explore the FHA appraisal process, what appraisers look for, and what happens after […]

FHA Gift of Equity

FHA Gift of Equity

Your Guide To FHA Gifts Of Equity Buying a home is a big step. It’s exciting, but it can also be a little scary, especially when you start talking about money. One unique way to help with buying a home is through a gift of equity. This method can make buying a home easier for […]

FHA Foreclosure Waiting Period

FHA Foreclosure Waiting Period

Going through a foreclosure can feel like you’re stuck in a financial storm, but there’s a ray of hope with the possibility of getting an FHA loan in the future. Understanding the FHA foreclosure waiting period is crucial if you’re looking to step back into the world of homeownership. So, let’s dive in and shed […]

FHA Flipping Rule Requirements

FHA Flipping Rule

Understanding FHA Flipping Rules What are FHA Flipping Rules? Have you ever watched those TV shows where people buy a house, fix it up real nice, and then sell it for a profit? That’s called “flipping.” The Federal Housing Administration (FHA) has some special rules about doing this. Why? Because they want to make sure […]

Are FHA Loans Assumable?

Are FHA Loans Assumable

Are FHA Loans Assumable?  Yes, FHA loans are “assumable,” meaning someone else can take over the loan. This happens when the current homeowner wants to sell their house, and another person agrees to take over the mortgage payments. Both parties must meet certain requirements, and the lender needs to approve the transfer. There may be […]

FHA 100% Financing – No Down Payment Mortgages

FHA 100 Financing

Your Guide On FHA 100 Financing Buying a home is a big step, and for many, coming up with a down payment is a major hurdle. FHA 100 financing might be the solution you’ve been looking for. Let’s dive into what it is and how it can help you. Understanding FHA Loans FHA loans offer […]

FHA Gift Funds – Guidelines and Requirements

FHA Gift Funds

FHA Gift Funds Guide simplifies the path to homeownership by explaining how to use gift funds for your down payment. It covers everything from who can gift you money to the specifics of gift letters, making the FHA loan process clear and manageable. Ideal for first-time buyers, this guide is your key to a smoother […]

FHA Self-Employed Guidelines

FHA Self Employed Guidelines

Getting a home is a dream for many, and if you’re self-employed, you might wonder how this works for you. The FHA loan, with its friendly terms, is an attractive option. But, does being your own boss affect your chances? Let’s dive into the world of FHA loans for self-employed individuals. Can You Get An […]

FHA Railing Requirements

FHA Hand Rail Requirements

When it comes to securing an FHA loan for a new home, navigating the territory of FHA railing requirements and property standards can initially seem daunting. This guide is here to simplify and demystify the FHA’s minimum property standards, focusing on what you need to know about railing requirements and other key inspection points. Whether […]

Can You Use an FHA Loan for Mobile and Manufactured Homes

FHA Mobile Home and Manufactured Home

Navigating the path to owning a mobile or manufactured home can be simpler with the right knowledge. An FHA loan offers a practical solution with its approachable requirements and financial flexibility. This guide will walk you through the crucial steps to secure an FHA loan, helping you achieve your dream of homeownership with ease and […]

How Many FHA Loans Can You Have?

How Many FHA Loans Can You Have?

Owning a home is a significant milestone in life. If you’re exploring home loans, FHA loans might be on your radar. Let’s dive into the nitty-gritty of how many FHA loans you can have, alongside some essential basics. Can You Get An FHA Loan Twice? Many people wonder if it’s possible to have more than […]

FHA Guidelines for Collections, Charge-Offs, and Judgements

FHA Guidelines for Collections, Charge-Offs, and Judgements

When considering an FHA loan for buying a home, it’s not just your income or savings that matter—your past credit experiences do too. Collections, charge-offs, and judgments on your credit report can be alarming words to hear, especially when you’re hoping to get approved for a loan.  The good news is, the Federal Housing Administration […]

FHA Overtime Income Guidelines

FHA Overtime Income Guidelines

Buying a home is exciting, but it comes with lots of financial details, especially when getting a loan. If you’re looking at FHA loans and you work overtime, there’s stuff you need to know about how your extra hours affect your loan. This is called FHA Overtime Income Guidelines. It helps you use your overtime […]

What Is FHA Amendatory Clause?

FHA Amendatory Clause

When it comes to buying a home with an FHA loan, there’s a lot more than just picking out the right place and getting a good interest rate. One part of the process that often causes confusion is understanding the various loan disclosures and clauses involved. Among these, the FHA Amendatory Clause stands out as […]

What Is FHA Identity of Interest

FHA Identity of Interest

When diving into the world of home buying with an FHA loan, it’s essential to grasp all the guidelines that might affect your journey to homeownership. One key rule that often catches buyers by surprise is the FHA Identity of Interest guideline.  This little-known rule can significantly impact your down payment, altering how you plan […]

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