What is an FHA Loan?

What is an FHA Mortgage Loan?
HUD (Department of Housing and Urban Development) which was formed in 1965 operates the Federal Housing Administration which administers the Govenment Home Loan Mortgage Insurance Program.    This program insures the lender against default by a borrower whose home loan is insured by the FHA.  Hud and FHA do not make [...]

FHA Credit Guidelines

FHA Credit Guidelines which borrowers and lenders must follow in order to obtain FHA financing for purchase and refinance loans.
Purchase Loans, Cash Out Refinance Loans, Rate Term Refinance Loans
A credit blemish here and there are not always a flat out reason for credit denial. There are many factors that come into play in underwriting [...]

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