FHA Loans

House shoppers find FHA loans cost more

Mortgages insured by the Federal Housing Administration — often called “FHA loans” — have long been an option for home buyers who don’t have a lot of cash for a down payment or whose credit is less than optimal. More >

FHA retreats on lending rule change

The Federal Housing Administration has backed off from a rule change that would have made it harder for potential homebuyers to get government-backed mortgages. More >

FHA Mortgage Insurance Goes Discount

Discounted FHA mortgage insurance will soon be here, at least for some homeowners. Borrowers with older FHA loans are about to get access to a new program that could save them big money. More >

FHA a beneficiary in mortgage settlement

The landmark $25 billion settlement with banks last week over fraudulent foreclosure practices might aid more than struggling homeowners. Part of the proceeds also will help plug a projected shortfall in the reserves of the Federal Housing Administration. More >

FHA tightens rules, penalties for mortgage lenders

http://www.housingwire.com/wp-content/uploads/2012/01/vice1-e1327081514420.jpgThe Federal Housing Administration will toughen its standards for approving lenders that insure mortgages on its behalf and force more of them to buyback defaulted loans. More >

FHA loan limit increase benefits sellers

http://t2.gstatic.com/images?q=tbn:ANd9GcTv-f0S4wXznh1zT3DklYBD4wnLI5JCYXgfEd6uQpMmHqNob--QswJust in time for the holidays, the FHA (Federal Housing Administration) loan limit increase back to $729,750 from the $625,500 limit that existed prior to the mortgage crisis and for about half of 2011. More >

New FHA Loan Limits Released

http://www.totalmortgage.com/blog/wp-content/uploads/2011/12/fha-loans.jpgRecently enacted legislation impacted loan limits on mortgages that are insured by the Federal Housing Administration. Details about the new limits have been released. More >

U.S. Congress moves to raise FHA loan limits

Republicans and Democrats in the U.S. Congress on Monday agreed on a measure that would increase the maximum size of mortgage loans that can be insured by the Federal Housing Administration, a key funding source for U.S. home loans. More >

30 Year FHA Loans Fall To 3.750%

Are you a renter?  Is the lack of a down payment the only thing standing between you and home ownership?  Buying a home may require less money up front than you think.  FHA-insured mortgages are a great way for first time home buyers to break into the housing market. More >

FHA Loans