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Purposes of obtaining FHA loans

Use an FHA loan to buy a home

Financial assistance for senior individuals

Enables you to buy a home, renovate it and incorporate all the costs into the loan

To make your home energy efficient

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14y ago

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Related Questions

Can you get an FHA loan with an LLC?

No, you cannot get an FHA loan with an LLC. FHA loans are only available to individuals, not to businesses like LLCs.


For what purpose would one get an FHA 203K loan?

A FHA 203K loan is for various people who require a financial deposit, according to the IRS. A dedicated agent will be happy to help you find more information on their official website.


What should I look for when applying for FHA loan?

Answering "What should I look for when applying for FHA loan?"


Is a FHA loan is a type of financial aid?

False, An FHA loan is NOT a type of financial aid.


Is FHA mortgage owner occupied?

If you're trying to obtain an FHA loan then the answer is 'yes'. If you own an investment property that has an FHA loan, then you can streamline it.


Is a gse loan a fha loan?

yes


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.


How can I FHA refinance my home mortgage loan?

The federal government administers FHA loans. Any information that you desire to learn about refinancing a government FHA loan can be found on the FHA web site.


Do you have to be married to get an FHA loan?

No.


Can a non-borrower be included on the title of an FHA loan?

No, a non-borrower cannot be included on the title of an FHA loan.


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 does FHA stand for in the term FHA loan?

FHA stands for Federal Housing Administration. The FHA has several loan options which are mostly used for mortgages. The FHA loan makes it easier for people to qualify for a mortgage.