Are you thinking about purchasing a house in Missouri and searching for financing alternatives? If that’s the case, an FHA loan might be the perfect option for you. The Federal Housing Administration ...
On May 17, HUD announced new policies to expedite claims processing for home equity conversion mortgages (HECM). Specifically, FHA’s policies will allow for faster payment of funds to mortgagees upon ...
Home appraisals involve paperwork and physical property inspections, and buyers should know the Federal Housing Administration is stricter about them for its government-backed loans than are brokers ...
Buying a home is the American dream for many, but it can seem like a huge hurdle if you don’t have decent credit. After all, conventional lenders often require a minimum credit score of 620 to qualify ...
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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 ...
The U.S. Department of Housing and Urban Development (HUD) and the Federal Housing Administration (FHA) announced a new policy on Wednesday that will enable mortgage borrowers to “request a ...
For some buyers, a dream house doesn't exist until it's built. New construction offers a clean slate, with no mysterious stains hiding under the carpet or dated bathroom fixtures that will cost a ...
It is the last day of January already? Time flies. This year we have 4 unusual dates: 1/1/11, 1/11/11, 11/1/11 and 11/11/11. Is it a coincidence that you can take the last 2 digits of the year you ...
The Federal Housing Administration (FHA), within the department of Housing and Urban Development, provides mortgage financing for borrowers the conventional market doesn’t serve, yet it has been ...
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