Buying a home can be a long, stressful, and expensive undertaking, but home buyers may be able to expedite this process while minimizing stress and keeping out-of-pocket costs manageable by choosing ...
The Community Home Lenders of America (CHLA) this week submitted a letter to the Federal Housing Administration (FHA) that urges the agency to “provide comparable down payment treatment for FHA ...
FHA loans require the home to be appraised at the property's market value, and the appraiser also checks for specific safety features in the house. This is because there can be legitimate concerns ...
A buyer’s real estate agent walks into an office with a contract in hand and places it on the seller agent’s desk, where he’s sorting out a pile of other offers for the same house. The seller agent ...
First-time homebuyers already feeling the pinch of inflation could catch a break after a recent action that will trim mortgage insurance premiums on federally backed loans. Loans secured with the ...
When Andrea and Colin Johnson started looking at homes to buy in Milwaukee, the last thing they expected was to get pushback from sellers about the type of mortgage they had. After living with their ...
If you’re shopping for a mortgage, you may be wondering whether to opt for a conventional loan or an FHA loan. Federal Housing Administration (FHA) mortgage loans are government-insured, not ...
An important part of the mission of the Federal Housing Administration (FHA) is to provide affordable mortgages that both promote the transition from renting to owning and create “sustainable” ...
As reported by NBC Bay Area, the first loan would typically be an FHA or VA 30-year fixed mortgage, with lenders describing ...
Home buyers have been shut out of the housing market because they can't afford a house. Some are also facing barriers because of their choice of mortgage. When Andrea and Colin Johnson started looking ...