FHA Loan Alexandria, LA
FHA Loan Alexandria, LA Looking to get an FHA Loan in Alexandria, LA? In this post, I’ll share more about FHA Loans and how to qualify. What Makes FHA Loans in Alexandria, LA So Attractive? Low Down Payment One of the most significant advantages of an FHA loan is its low down payment requirement. With […]
FHA Mortgage Insurance (PMI) Explained
FHA mortgage insurance, commonly known as FHA PMI (Private Mortgage Insurance), plays a significant role in FHA loans. If you’re considering an FHA loan, it’s crucial to comprehend how FHA PMI works, its calculation, and the possibility of canceling it. This guide provides valuable insights into FHA PMI, empowering borrowers to make informed decisions when […]
FHA Loan Lafayette LA
Ready to learn more about FHA loans in Lafayette, LA? Whether you’re a first-time homebuyer or considering refinancing, this guide will provide valuable information about the benefits, eligibility requirements, and application process of FHA loans in Lafayette. With the flexibility and accessibility offered by FHA loans, you can make your homeownership dreams a reality in […]
FHA Loan Shreveport
Are you searching for an FHA loan in the vibrant city of Shreveport? Look no further! In this comprehensive guide, we’ll walk you through everything you need to know about FHA loans in Shreveport. Whether you’re a first-time homebuyer or looking to refinance, this post will provide valuable insights to help you navigate the FHA […]
What is an FHA Loan: 2022 Guide
What Is an FHA Loan? An FHA loan is a mortgage product that is backed by the Federal Housing Administration. The FHA is part of HUD or Housing and Urban Development. FHA Loans were established by the National Housing Act on June 27th, 1934 to facilitate home financing, improve housing standards, and increase employment in the home-construction […]
FHA vs. Conventional Loan: Which One Is Right For You?
FHA vs. Conventional Loan, which loan is right for you? We’ll dive in and show you how each of these loan programs works and by the end you’ll know which loan program will best meet your needs. What is an FHA Loan? An FHA Loan is a loan that is insured by the Federal Housing […]
FHA Streamline Refinance: Benefits and Requirements
What is an FHA Streamline Refinance? An FHA streamline is a refinance loan for those who already have an FHA loan. It’s a refinance that allows you to refinance from one FHA loan to a new one, usually with a lower rate. Streamline refinances are quicker than standard refinances because there is reduced documentation and […]
FHA 203k Loan Guide
Did you find your dream home only to find out that it doesn’t pass the appraisal? Homebuyers find a home but it’s in less than perfect condition. With mortgage financing, the home must pass the appraisal or there’s no loan. Enter the FHA 203k loan. These flexible loans provide the funds to buy and renovate […]
FHA Loan Down Payment Requirements
What Are The FHA Loan Down Payment Requirements? One of the best things about FHA loan is the low down payment requirements. The minimum down payment for an FHA loan is 3.5% if you have a credit score of at least 580. If your scores are lower than 580, FHA has options for you as […]
FHA Loans For First-Time Homebuyers
If you’re a first-time homebuyer, an FHA loan can be one of the best options available. Let’s see what makes FHA loans so great for first-time homebuyers. FHA Loans are Perfect for First-Time Homebuyers AS a first-time homebuyer you’ll love FHA loans because they help to remove many of the roadblocks buyers often face. […]
The Complete Guide to FHA Loans
FHA loans are great for borrowers with less than perfect credit or little money to put down on the home.