0
What else can I help you with?
Can I sell my FHA home?
Yes, you can sell your FHA home, but there are specific guidelines and requirements that must be followed. These may include ensuring that the buyer meets FHA loan qualifications and obtaining approval from the lender.
How does the FHA view repossession when considering a borrower's eligibility for a loan?
The FHA views repossession negatively when considering a borrower's eligibility for a loan. Repossession indicates financial instability and may impact the borrower's ability to repay the loan, making them a higher risk for the FHA.
Can you get a FHA loan on a second home?
Yes you can obtain a FHA Loan on a second home as long as you meet the FHA requirements.
What is the advantage of obtaining an FHA mortgage loan?
There are many advantages to obtaining an FHA mortgage loan. Among others, these include allowing for a blemished credit history and offering competitive rates and charges.
How do I find out if I'm eligible for a FHA loan?
The requirements for an FHA loan can be found here: http://fha.mortgageloanplace.com/fha_who_qualifies.html. Simply fill out a short form and you will be told if you meet the requirements.
Can I sell my FHA home?
Yes, you can sell your FHA home, but there are specific guidelines and requirements that must be followed. These may include ensuring that the buyer meets FHA loan qualifications and obtaining approval from the lender.
How does the FHA view repossession when considering a borrower's eligibility for a loan?
The FHA views repossession negatively when considering a borrower's eligibility for a loan. Repossession indicates financial instability and may impact the borrower's ability to repay the loan, making them a higher risk for the FHA.
What are some fha mortgage requirements?
There are no strict requirements for obtaining a mortgage. Banks decide whether to loan money on an individual basis, based on your income and credit.
Can you get a FHA loan on a second home?
Yes you can obtain a FHA Loan on a second home as long as you meet the FHA requirements.
Are there a big number of fha loan requirements?
There are not a whole lot of requirements for fha loan requirements. They do require a pretty good credit score and on time payment history. You can find specific requirements for the loan you need.
What is the advantage of obtaining an FHA mortgage loan?
There are many advantages to obtaining an FHA mortgage loan. Among others, these include allowing for a blemished credit history and offering competitive rates and charges.
How do I find out if I'm eligible for a FHA loan?
The requirements for an FHA loan can be found here: http://fha.mortgageloanplace.com/fha_who_qualifies.html. Simply fill out a short form and you will be told if you meet the requirements.
What is the difference between a fha loan and a conventional loan?
An FHA loan has more guidelines and rules than a conventional loan does. An FHA loans are only available on certain houses and you can get a conventional loan on any house if your credit meets the requirements.
What are the main requirements for obtaining a fixed mortgage?
Fixed rate mortgages are generally offered through a FHA or VA loan provider. One of the main requirements for these is to have an established credit score that of atleast 620.
Where can one find information on FHA home loan refinance?
You can find information on a FHA home loan refinance online at the FHA website. Once on the site, you can view the requirements and limits of FHA home loans.
What is the purpose of an FHA loan?
Purposes of obtaining FHA loansUse an FHA loan to buy a homeFinancial assistance for senior individualsEnables you to buy a home, renovate it and incorporate all the costs into the loanTo make your home energy efficient
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.
