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Not all mortgages are created equal. Learn the pros, cons and ideal use cases for today’s most popular home loans, so you can shop with confidence.
If you’re thinking about buying a home, an FHA loan might be worth considering. FHA loans exist to help people — especially first-time homebuyers or those with past credit issues — get into ...
The FHA will require lenders to gather language preference information from borrowers seeking financing, a move lauded by the NCLC.
The FHA just loosened up—big time. The Department of Housing and Urban Development (HUD) recently rescinded multiple rules tied to FHA single-family lending—loosening appraisal standards, lifting some ...
HUD Secretary Scott Turner issued five mortgagee letters pulling back on 12 Federal Housing Administration policies that drive up the cost for homebuyers.
The Federal Housing Administration (FHA) announced Tuesday that it will require lenders making FHA-insured mortgage loans to ask borrowers for their language preference. FHA said it will require ...
What is an FHA loan and how does it work? FHA loans allow qualifying first-time homebuyers to qualify for lower interest rates and down payments.
The U.S. Department of Housing and Urban Development (HUD) recently announced in Mortgagee Letter 2023.13 that lenders must use the Supplemental Consumer Information Form (SCIF) of Fannie Mae and ...
Conventional and FHA loans are two of the more common types of mortgages. Before applying, make sure you understand which option makes more sense for you and what you need to qualify.
If you're thinking about buying a home, an FHA loan might be worth considering. FHA loans exist to help people get into homeownership.