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What else can I help you with?
Are FHA loans sponsered by the government?
Yes FHA loans are sponsored by the government, seeing as FHA stands for the Federal Housing Authority. FHA loans are usually mortgages for lower/middle income families.
Are Fannie Mae and Freddie Mac FHA lenders?
No Fannie Mae and Freddie Mac are not FHA lenders. FHA loans are guaranteed loans and the others are not. FHA loans also have different guidelines and qualification tools.
Are FHA mortgages uninsured?
what makes fha uninsured loans?
Are 4506T forms always required on FHA loans?
FHA loans is a Full Documentation loan, and all income will need to be verified.
Would you explain residual income guidelines for FHA loans?
FHA doesn't have residual income guidelines...this applies to VA loans
Are FHA loans sponsered by the government?
Yes FHA loans are sponsored by the government, seeing as FHA stands for the Federal Housing Authority. FHA loans are usually mortgages for lower/middle income families.
Are Fannie Mae and Freddie Mac FHA lenders?
No Fannie Mae and Freddie Mac are not FHA lenders. FHA loans are guaranteed loans and the others are not. FHA loans also have different guidelines and qualification tools.
Are FHA mortgages uninsured?
what makes fha uninsured loans?
Where can I view the current interest rates for FHA loans in Texas?
You can view the current interest rates for FHA loans in Texas at www.fha.com. Another good website is www.QuickenLoans.com/FHA-Loans or www.interbanklending.com
Are 4506T forms always required on FHA loans?
FHA loans is a Full Documentation loan, and all income will need to be verified.
Would you explain residual income guidelines for FHA loans?
FHA doesn't have residual income guidelines...this applies to VA loans
Who is NOT an originator of primary loans?
Fha
How do I find out about FHA refinance loans?
FHA loans are for people who are buying homes that have low incomes. To get a refinance option it would need to be a regular loan because FHA is already as low as it will get.
Does bank mutual offer FHA loans?
Yes, Bank Mutual does seem to offer FHA loans. They offer loans for the purchase of a house and also offer refinancing options.
How can you qualify for FHA loans?
In order to qualify for FHA loans your income needs to be in a certain requirements. Your credit score must be over 500. You also can only have 1 FHA loan at a time.
What is a FHA loan?
It's a federal assisted mortgage from the Federal Housing Administration (FHA). The FHA loans typically provide loans to people with lower incomes, allowing them to have the ability to own a home.
Where could we find out more information about FHA home loans?
You can find information about FHA home loans on the internet. There are many different things you should consider to check whether or not FHA loans are suitable and these include the monthly repayments as well as the interest rates!
