FHA Loan Programs Archive

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 …

FHA 15 Year Loan Requirements Home buyers who are shopping for an FHA 15 year loan will find lower interest rates and the ability to pay down the mortgage twice as fast as a 30 year mortgage. FHA 15 year mortgage rates are also lower than the 30 year fixed rates which makes it a …

FHA Refinance Options and Requirements An FHA refinance is available even if your current mortgage is not an FHA loan and can be used to reduce the interest rate, lower the payment, or to cash out equity.  We will explain all of the FHA refinance options and what the FHA refinance requirements are so you …

FHA $100 Down HUD Home Program Two of the primary benefits of an FHA loan are the flexible credit score requirements the low down payment requirement. However, even though the down payment is reasonable, many home buyers still struggle to come up with the 3.5%. The FHA $100 down payment program can help. What is …

FHA Cash Out Refinance  An FHA cash out refinance allows home owners to refinance their existing mortgage while cashing out additional equity for home improvements, debt consolidation, investments and more. FHA guidelines permit a maximum loan to value ratio of 80% for cash out refinances. What is an FHA Cash Out Refinance? An FHA cash …