Tag Archives: FHA Loans

Using a FHA Mortgage to Buy a Home

In recent years FHA loans have taken on renewed importance for today’s mortgage borrowers. Simply stated, an FHA loan is a mortgage insured by the Federal Housing Administration, a government agency within the U.S. Department of Housing and Urban Development. Borrowers with FHA loans pay for mortgage insurance, which protects the lender from a loss if […]


FHA Appraisal Guidelines

FHA Appraisal Guidelines provide direction for FHA Appraisers When determining whether or not a property meets the criteria for an FHA loan, FHA Appraisers must adhere to the FHA Appraisal Guidelines. This document also serves to provide the FHA repair guidelines, which can help the seller of a home that is going to a buyer […]


FHA Reduces Waiting Period for Borrowers Who Experienced a Short Sale, Foreclosure or Deed-In-Lieu

The Federal Housing Administration (FHA) is allowing borrowers who went through a bankruptcy, foreclosure, deed-in-lieu, or short sale to re-enter the market and purchase a home using an FHA insured mortgage in as little as 12 months, according to a mortgage letter released Friday 8/23/13. Currently borrowers who experienced a foreclosure, deed-in-lieu, or short sale must […]