Discover everything you need to know about the Federal Housing Administration. From its history to its role in modern housing, our articles provide a deep dive into FHA’s significance and operations.
Many homeowners are tired of the cost of Private Mortgage Insurance (PMI) associated with FHA loans. This insurance, while serving as a safeguard for lenders, often becomes a financial albatross for homeowners. The Federal Housing Administration uses the mortgage insurance to protect against the risk of high risk loans with low credit scores and minimal… Read More »
The FHA construction loan program is in high demand as more and more consumers see the value in building a home with government insured construction financing. Many people dream of having a home altered to suit their needs and wants. But constructing the home of your dreams isn’t a piece of cake. To make this… Read More »
The Federal Housing Administration (FHA) loan program represents one of the most accessible pathways to homeownership in the United States. Created during the Great Depression to stimulate the housing market, FHA loans continue to serve millions of Americans seeking to purchase their first home or refinance existing mortgages. As we navigate through 2026, understanding the… Read More »
An FHA Jumbo Loan is a type of mortgage that falls under Federal Housing Administration (FHA) guidelines but exceeds the conforming loan limits set by Fannie Mae and Freddie Mac. These loans provide borrowers with the opportunity to finance higher-priced homes while still benefiting from FHA’s low down payment requirements and flexible credit qualifications. The… Read More »
FHA mortgages have been a driving force in the housing industry offering affordable home financing for over five decades. Are you considering an FHA mortgage to buy your next home? If so, you probably have a lot of questions about the FHA loan process and what you need to do to be approved. It is… Read More »
FHA mortgages are insured by the Federal Housing Administration (FHA) and are a lifeline for first-time homebuyers and those with lower credit scores or smaller down payments. However, they come with a mandatory mortgage insurance premium (MIP) that protects lenders if you default, adding to your monthly costs. Unlike private mortgage insurance or PMI on… Read More »
The homebuying process with a FHA loan during a Chapter 13 bankruptcy can seem daunting, but it’s not impossible. Chapter 13 bankruptcy, often called a “wage earner’s plan,” allows individuals with regular income to restructure debts into a manageable repayment plan, typically over three to five years. For those looking to purchase a home during… Read More »
Are you ready to apply for a FHA loan? Anyone in the process of buying a home with government financing will inevitably deal with a vast array of options and the processes of applying for FHA loans online. That’s because lenders offer several pre-approved home loans, but all of them have certain requirements and conditions… Read More »
Refinancing a mortgage can be a strategic move for homeowners looking to reduce monthly payments, shorten their loan term, or transition out of an adjustable-rate mortgage. One of the most flexible and widely used options is the FHA rate and term refinance. Backed by the Federal Housing Administration, this refinance program is designed to help… Read More »
FHA (Federal Housing Administration) loans are known for their low down payment requirements and flexible credit guidelines, making them a popular choice for first-time homebuyers. However, one feature that often goes overlooked is that FHA loans are assumable, meaning a qualified borrower can take over the existing loan under its original terms. But can real… Read More »
