New FHA Leeway for Home Loan Approvals

New FHA Leeway for Home Loan Approvals

Having a low FICO score usually means there is no way for you to quality for a FHA mortgage, but changes to the underwriting process August 2015 means that more borrowers may quali....

Qualifying for a Mortgage When You’re Self-Employed

Qualifying for a Mortgage When You’re Self-Employed

During the past several years, many turned to entrepreneurship to survive the economic downturn and job loss, but how does this impact Qualifying for a Mortgage When You’re ....

Manage Your Risk of Slower Closing Procedures Soon in Effect

Manage Your Risk of Slower Closing Procedures Soon in Effect

This year, the Consumer Financial Protection Bureau (CFPB) begins requiring banks provide a different protocol of lender documentation to close mortgaged home purchases. 30-day esc....

Is an FHA Mortgage Right for You?

Is an FHA Mortgage Right for You?

An FHA mortgage is a loan insured by the Federal Housing Administration. The FHA, an agency of the U.S. Department of Housing and Urban Development (HUD), insures loans so that len....

Real Estate Terminology: Loan Types, the Fifth in a Series

Real Estate Terminology: Loan Types, the Fifth in a Series

When it comes to real estate loans, you’ll find that there are many Loan Types. Figuring out which loan or loans are best for your new property purchase can be confusing, but....