by Jennifer Ferri | Sep 15, 2022 | Federal Programs
While they are both Federal Housing Administration mortgage loan programs, the 203(B) And 203(K) loans have some distinct differences. 203(b) is the most commonly used FHA program. It offers a low down payment, flexible qualifying guidelines, limited...
by Jennifer Ferri | Jun 2, 2022 | Federal Programs
With the exception of a few additional forms, the FHA loan application process is similar to that of a conventional loan. With new automation measures FHA loans may be originated more quickly than before. And if you don’t prefer a face-to-face meeting,...
by Jennifer Ferri | Jul 20, 2017 | Buying, Federal Programs, Financing, Mortgages
Buying a home soon in the Cape Coral or Fort Myers area? An FHA loan maybe worth exploring. Remember these points from the video: The FHA works to make homeownership a possibility for more Americans. With the FHA, you don’t need perfect credit or a...
by Jennifer Ferri | Jan 13, 2014 | Federal Programs
The video puts this in more visual terms, but 203(b) is the most commonly used FHA program. It offers a low down payment, flexible qualifying guidelines limited lender’s fees, and a maximum loan amount. 203(k) loans enable homebuyers to finance both the...
by Jennifer Ferri | Jan 13, 2014 | Federal Programs
The video puts this in more visual terms, but with the exception of a few additional forms the FHA loan application process is similar to that of a conventional loan. With new automation measures FHA loans may be originated more quickly than before. And, if you...
by Jennifer Ferri | Jan 13, 2014 | Federal Programs
Remember these points from the video:the FHA works to make homeownership a possibility for more Americans. With the FHA, you don’t need perfect credit or a high-paying job to qualify for a loan. The FHA also makes loans more accessible by requiring...
