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What else can I help you with?
What are the requirements for an fha refinance?
An FHA loan is a loan for first time home buyers. HUD has a website where you can talk to FHA housing counselors who will be qualified to answer all your questions regarding an FHA loan (http://portal.hud.gov/hudportal/HUD?src=/i_want_to/talk_to_a_housing_counselor.
What is the HUD insurance paid on a mortgage loan?
The insurance or MIP paid on a HUD loan goes to HUD and they pay the lender if you default on your home loan. FHA/HUD has a Mutual mortgage ins. program that the money goes into.
What information is available online regarding fha loan requirements?
The best way to get basic, unbiased information about FHA (Federal Housing Administration) loan requirements is to go to the HUD (Housing and Urban Development) website, because the FHA is part of HUD. At the HUD website http://www.hud.gov/buying/loans.cfm you will get an overview without a bank trying to push their products on you, and they can provide links to authorized FHA lenders.
Can you buy a HUD home with a FHA loan?
Yes, as long as the property meets the condition standards of the FHA loan. The HUD homes are not always in acceptable condition and this makes it difficult to obtain FHA financing because the seller will not allow you to make repairs to the property until after the loan is closed. However, the FHA loan requests that required repairs be made prior to closing.
How does one qualify for a HUD Home Owner Loan?
To qualify for a HUD Home Owner Loan, one needs to have a clear or acceptable credit. You have to visit a bank and ask them if you qualify for the HUD Home Owner Loan, or you can contact a credit repair agency and they will tell you if your credit score will enable you to qualify for a HUD Home Owner Loan.
Where can I find the basics of HUD's homeowner loan?
You can find the basic information on a HUD home owner loan by running a basic search on the HUD site, or you can contact an agent to get information as well.
Mobile Home Loan Forms?
Title I Manufactured Home Loans are also known as Mobile Home Loans. You can obtain forms for these through your local HUD office.
How do you buy hud houses?
When you apply for a mortgage, you can request a hud home loan from the lending. Also they have list of hud homes available online.
What are the general requirements to obtain a VA refinance loan?
Obtaining a VA refinance loan is not as hard as some individuals claim, however, there are a few general requirements. To obtain a refinance loan, individuals must reside in a home, have a qualifying credit, have the home appraised by a certified appraiser, as well as provide income verification.
What is the best way to get a loan modification?
The safest way to get a loan modification is to contact a counselor with a HUD approved counseling agency.To find a HUD approved counselor in your area search for "HUD housing counselors". This will take you to HUD.Gov. Click on your state and go from there.
What are the requirements for obtaining a loan with a cosigner?
To obtain a loan with a cosigner, the primary borrower typically needs to meet the lender's credit and income requirements. The cosigner must have a good credit score and sufficient income to cover the loan payments if the primary borrower cannot.
What are the requirements for obtaining an auto loan with a cosigner?
To obtain an auto loan with a cosigner, you typically need to meet the lender's credit and income requirements. The cosigner must have good credit and be willing to take on responsibility for the loan if the primary borrower fails to make payments.
