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Federal Housing Administration Mortgage

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A MoneyTips Guide to FHA Loans

When it comes to trying to save for a down payment, sometimes it feels like we can’t escape financial pundits telling us to stop eating out and to streamline our streaming subscriptions. Good advice, but how many decades will that take? Between stagnant wages, student loan debt and everything from cereal to cars getting more...

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What Are FHA Multifamily Loans?

For some people, one home is enough. After all, a mortgage on a single-family home is a solid way to put a roof over your head and invest for the future.  But what if one home isn’t enough for you? After all, beverages are less expensive if you buy a six-pack instead of a single...

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FHA Down Payments: What’s Required and Getting Help Paying

For some first-time home buyers, it can be hard to put together a down payment for a home. Just consider the following: Home prices are rising faster than ever before. Home prices across the U.S. are rising faster than people’s pay. Americans between the ages of 25 – 49 owe trillions of dollars in student...

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How Government Home Loans Can Help You Buy a House

Buying a home and navigating the mortgage process can be difficult, especially if you can’t come up with a down payment or your credit score isn’t perfect. But, while the process isn’t easy, it’s not impossible, especially with the help of government home loans. Government-backed loans can give people who have a hard time acquiring...

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FHA 203(k): The Federal Fixer-Upper Loan

Imagine being this close to calling it quits on your house search – and then it happens. You find THE house AND it’s in your price range. Granted, it’s affordable because it needs some serious repairs, rehab and renovation, but you love it and you’re willing to do what it takes to transform your fixer-upper...

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What Is an FHA Construction Loan: Things to Know

You’re probably looking into FHA construction loans because you’ve just found the perfect piece of land, but it’s missing one crucial detail: a house. Or maybe you’ve been thinking about harnessing your inner Chip and Joanna Gaines, and you’ve finally decided to buy that fixer-upper on the good side of the street. With the right...

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What Credit Score Do You Need To Get an FHA Loan?

Do you qualify for an FHA loan based on your credit score and credit history? And even if you do, is an FHA loan the right choice for you? If your credit score is under 620, you may not qualify for a conventional mortgage, but a Federal Housing Administration (FHA) loan could be the answer...

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How To Qualify for an FHA 203(k) Loan

It’s a seller’s market. And that means home buyers are up against stiff competition. Acting fast and coming up with as much cash as possible can be the difference between a successful purchase and losing out against other eager buyers. If you can qualify for a Federal Housing Administration (FHA) loan, you may also have...

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Young woman seated on a couch in a modern-looking apartment and writing in a notebook.

FHA Streamline Refinance: Is it Right for You?

There comes a time in every relationship when you need to have a little chat about the future. And that can be a pretty stressful conversation if you aren’t ready for it. Luckily, when it comes to refinancing your Federal Housing Administration (FHA) insured mortgage, the conversation is pretty simple (and far less awkward) –...

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