Let's Talk About Home Equity from FHA.com video on Vimeo.Equity is an important term to understand when you're applying for any kind of mortgage loan, but for some loans equity is a larger factor than others. For example, when you apply for a new purchase FHA loan to buy a home, you start out wit...

07/24/2016

FHA Loan Appraisal Fees: What You Should Know

1 Comments

Watch "The Appraisal Fee" from FHA.com on Vimeo.FHA loans, like their conventional counterparts, have closing costs, fees, and expenses all borrowers will need to budget and save for. One such fee is the FHA appraisal fee.The video linked to above (click the image or the link to view on Vimeo.com...

07/15/2016

FHA Loans Versus Conventional Loans

4 Comments

What are the differences between FHA home loans and conventional loans? There are several, some features of mortgage loans can vary depending on the lender, and state law may also affect how your home loan is handled depending on circumstances, but there are a few very important general differenc...

07/08/2016

FHA Loan Questions: Overtime Pay

2 Comments

We get many questions in our comments section about how FHA loan rules may apply to a specific situation with regard to employment, pay, and verifiable income.Some potential borrowers want to know if having frequent changes of employment will negatively affect an FHA loan application (not necessa...

07/01/2016

Rainmaker
475,198