To qualify for an FHA loan, applicants must have a minimum credit score of 580 (or 500 with a 10% down payment), no recent bankruptcy or foreclosure, a debt-to-income ratio below 43%, residency in the ...

Getting pre-approved for a mortgage is a no-brainer when you're searching for a new home. It helps you understand how much house you can afford and what costs you can expect. As a result, you won't ...

Reina Marszalek is a senior mortgage editor at Fox Money who has spent more than 10 years writing and editing content. Fox Money is a personal finance hub featuring content generated by Credible ...

Federal Housing Administration Commissioner David H. Stevens has clarified and updated some of the changes made recently by FHA regarding condominium approvals, new net worth requirements for ...

Learn what you need to speed up the approval process Mortgage lenders offer pre-approval letters to buyers they believe can repay their loans. However, unlike mortgage pre-qualification, the ...

Society Mortgage offers an easy online pre-approval process and low interest rates, making it worth exploring for your home mortgage loan. As you shop around for a home mortgage loan, you may come ...

Shopping for homes is exciting until one needs to secure financing to purchase. Even with savings, most Americans can only buy a house through a mortgage loan. In the fourth quarter of 2022, the US ...

Reina Marszalek is a senior mortgage editor at Fox Money who has spent more than 10 years writing and editing content. Fox Money is a personal finance hub featuring content generated by Credible ...

Aaron Broverman is the Managing Editor of Forbes Advisor Canada. He has almost 20 years of experience writing in the personal finance space for outlets such as Bankrate, Bankrate Canada, ...