FHA Loan Programs Archive

FHA Loans for Police Officers FHA loans for police officers provide attractive options for those who don’t meet the conventional loan credit score or down payment requirements. With an FHA loan, borrowers can secure up to 96.5% of the total home value and only need a 3.5% down payment. FHA loans offer advantages for police …

FHA 203(h) Disaster Loan: Rebuilding After Natural Disasters in the US FHA 203(h) disaster loans were created to assist those impacted by natural disasters to rebuild or replace damaged homes. It offers 100% financing for purchasing a new property or reconstructing the previous one. The property must have been severely damaged in a federally declared …

Many home buyers fall in love with a home that is in need of repairs or TLC. There is an FHA loan for repairs called the FHA 203k rehab loan which is perfect for this situation. However, that is not the only option available to finance a home with an FHA loan and pay for …

FHA Loan for a Condo Home buyers may consider using an FHA loan for a condo purchase if both the borrower and the condo meet the minimum requirements set by FHA guidelines. Can You Buy a Condo with an FHA Loan? FHA loans can be used to purchase a condo if the borrower and also …

FHA Loan for a Duplex One of the many benefits of an FHA loan is having the ability to purchase a duplex. You can live in one unit while renting out the other to help cover the mortgage payment. There are some very specific requirements and guidelines for FHA loans when purchasing or refinancing a …

FHA Rent to Own Options There are many future home buyers who are considering rent to own situation with their landlord but would love the option to purchase the home some time in the future. FHA guidelines permit rent to own contracts when approving mortgages for home buyers who have been renting the home they …

FHA 203b Loan Information There are various type of FHA loans available which can help with different purposes. The FHA 203(b) loan is the official name of the standard FHA loan that is used to purchase or refinance a home. This should not be confused with the FHA 203k rehab loan which is used to …

FHA Loans for Truck Drivers   Truck drivers are critical in helping to bring necessary goods to your community and to keep the economy moving. What many do not realize is it is often difficult for truck drivers to qualify for a mortgage based upon how they are paid and manage the expenses. Truck drivers …

FHA Loans for Teachers Teachers often ask of there are special programs for them to help qualify for a mortgage. FHA loans for teachers are likely the best option when purchasing a home as an educator with a small down payment and sometimes lower credit scores. FHA Loan Benefits for Teachers Teachers are not much …

First Time Home Buyer Programs If you are a first time home buyer, there are various mortgage and assistance programs to help you purchase your first home. This holds true whether you have a small down payment or even low income. There are many first time home buyer programs purchase and finance your first home …