FHA Loans for Seniors in 2024

FHA Loans for Seniors Senior citizens can qualify for an FHA loan if their retirement income is sufficient to qualify for the mortgage. Many people believe that seniors cannot qualify for an FHA loan due to the employment requirements. However, no job is needed for seniors because their retirement income is a valid substitute for…

FHA Seasoning Requirements

FHA Seasoning Requirements There are specific FHA seasoning requirements which may limit your ability to refinance or require you to wait before moving forward with an FHA refinance. What is Loan Seasoning? Loan seasoning is a requirement set by loan guidelines or lenders whereby a homeowner must wait a specified amount of time after the…

FHA Loan Eligibility Guide

FHA Loan Eligibility There are very specific FHA loan eligibility guidelines that borrowers should be aware of when purchasing or refinancing a home with an FHA loan. FHA loans may be the easiest mortgage to qualify for if you are eligible for the program. This guide will help you to determine whether you are eligible…