ARCHIVED BLOG POSTS
2015
3
Comments
One of the important selling points of an FHA mortgage loan is the basic differences FHA mortgages have from conventional loans; the lower down payment, more forgiving credit requirements, and a rule that a borrower is able to freely dispose of the property in any way he or she sees fit once the ...
07/31/2015
3
Comments
One common topic many borrowers have questions about when they want to apply for FHA loans involves employment history. How long do you have to be on the job with your current employer before you can qualify for an FHA mortgage loan?Believe it or not, FHA loan rules state that there is no minimum...
07/19/2015
1
Comments
Did you know that loan rules found in HUD 4155.2 cover specific aspects of the FHA loan closing procedure including taxes, closing costs, and title issues?Chapter Six of HUD 4155.2 explains these policies. For example, in Chapter Six we learn that the lender is permitted to calculate--and collect...
07/11/2015
Every home loan is different. When you apply for an FHA mortgage, you may experience a variety of circumstances along the way that can affect how simple or difficult it is to get to your closing date.Borrowers who prepare ahead of time, who get pre-purchase counseling, and learn from the mistakes...
07/01/2015
Rainmaker
475,098
475,098
Bruce Reichstein
FHA / VA One-Time Close Loans - Nationwide