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 titlejunction | 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 titlejunction | 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 titlejunction | 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 titlejunction | 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...
by titlejunction | Jan 13, 2014 | Federal Programs
While this video simplifies things to help you remember, except for the addition of an FHA mortgage insurance premium, FHA closing costs are similar to those of a conventional loan. As of 2013, the FHA requires a single, upfront mortgage insurance premium equal...