FHA changes in lending rules

Looks like FHA lending rules are getting a little easier. “Self-Employment Income The changes to self-employment income policies affect calculation and documentation of business income where the borrower does not have a history of business income distributions. ...

Are FHA loans a good choice

Which is a better loan- FHA or conventional Fha just lowered the cost of mortgage insurance by 12 point so that makes payments lower. They also reinstituted the 3% down payment so if cost is then important thing, it’s a good deal. FHA is also good if you have a lower...

New FHA rules

              The govt is trying to help home ownership rates climb since it  the bank’s requirements have been so tight. Mortgage giants Fannie Mae and Freddie Mac announced new loans with down payments as low as 3 percent...