The FHA is insuring a greater percentage of loans than during any time in recent history. In 2006, it insured roughly 5 percent of the purchase mortgage market. Today, it insures one-quarter. “Going FHA” is more common than ever before — but is it better?
Tag Archive: FHA
Get Your Applications In : FHA Mortgage Insurance Premiums Rising 0.25 Percent April 18, 2011
Beginning with FHA Case Numbers assigned April 18, 2011, mortgage insurance premiums will be higher by 25 basis points per year, or 0.25%.
FHA Streamline Refi Changes : No Income, No Job Required
FHA Streamline Refinance guidelines are changing. For the better. A lot more homeowners are suddenly eligible to refinance.
FHA : Monthly Mortgage Insurance Premiums To Rise April 18, 2011
Effective for all FHA case numbers assigned on, or after, April 18, 2011, annual mortgage insurance premiums (MIP) will increase 25 basis points.
Higher (And Lower) FHA Mortgage Insurance Premiums Start October 4, 2010
Beginning with FHA case numbers issued on or after October 4, 2010, the FHA is changing its upfront and annual mortgage insurance premium structures.
Get Your Lakeland FHA Mortgage Application Started — Fees Increase 1/2 Percent Starting Monday, April 5, 2010
Starting Monday, April 5, 2010, getting an FHA mortgage in Lakeland and nationwide will be more expensive for borrowers.
What Every Florida Condo Buyer Should Now About FHA Relaxed Guidelines
The FHA has recently announced a relaxation in some of its strenuous condominium financing guidelines. Florida condo buyers looking to use a Florida mortgage should pay attention, as FHA financing rules for condos will not stay this relaxed for long.
Winter Haven Mortgage: Get Downpayment and Closing Funds from Immediate Family
First Time Home Buyers can get a Winter Haven FHA mortgage and cover downpayment and closing costs with a gift or loan from your immediate family. Pay it back with your $8,000 Tax Credit!
FHA Loans for Teachers: The FHA Good Neighbor Program
TweetAre you a Teacher, an EMT, a Polk County area law enforcement officer, teacher, firefighter looking to purchase a home? The FHA Good Neighbor Program might be a solution for you! The Department of Housing and Urban Development (HUD) has established this Good Neighbor Next Door Sales Program as a means of offering people in…
Winter Haven, FL: “Hope for Homeowners” May Prove Elusive
TweetAs part of the massive housing rescue bill passed by Congress in July, troubled borrowers in Winter Haven, FL and across the nation may be able to refinance their home loans with the backing of the Federal Housing Authority (FHA) starting on October 1. But at a congressional hearing today in Washington, lenders didn’t seem…
