FHA Loan Programs Archive

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 …

FHA Construction Loan – One Time Close The FHA Construction Loan is a one time close construction loan that allows home buyers to finance the purchase of the lot, the construction costs, and their permanent mortgage after the construction is completed. All of these aspects of your home construction project are financed with just one …

FHA Energy Efficient Mortgage Program Many home buyers are not fortunate enough to purchase new energy efficient homes. The majority of the home sales are for homes that have older services in the home, poor insulation and other characteristics which lead to a home that is not very efficient. To help, HUD developed the FHA …

Zero Down FHA Loan Although FHA loans do require a down payment of 3.5%, there are ways to get the down payment and closing costs paid for without bringing your money to the closing table. This will enable you to reserve those funds for home improvements, decorating, or other financial needs. There are various benefits …

FHA 203k Loan Requirements 2022 Many home buyers want to purchase a fixer-upper and have the money for a down payment, but lack the funds needed to also make the repairs or improvements needed to complete the project. The FHA 203k loan is a unique mortgage program that can help you to accomplish this goal. …