Topic: Federal Housing Administration

Having renters for a house you can't sell might not help you qualify for a new loan.Having renters for a house you can't sell might not help you qualify for a new loan.My wife and I moved from Florida a few months ...

WASHINGTON (Reuters) -- The Obama administration on Wednesday said it would investigate charges that almost two dozen lenders have unfairly denied U.S. government-backed mortgages to qualified loan applicants.The National Community Reinvestment Coalition filed a fair housing complaint with the Housing and Urban ...

Group accuses bank of violations in denying government-backed loans to low-score borrowersA national housing and consumer rights group alleged in a series of complaints to the U.S. Department of Housing and Urban Development that Bank of the West, MetLife Bank N.A and ...

If you are a potential first-time home buyer with bad credit, there are many things that you will need to consider before purchasing a home. As a first-time home buyer with bad credit, you may have to come up with a larger ...

Consumer credit scores are declining because of the recent recession. "Car loans can be all over the board for the same credit score," says Keith Gumbinger, president of HSH Associates, a Pompton Plains, N.J., company that publishes mortgage and consumer-loan information. Diligent ...

Many people who are considering buying their first home can be overwhelmed by the myriad of financing options available. An FHA loan has lower down payment requirements and is easier to qualify for than a conventional loan. FHA loans are excellent for ...

As one of the many factors that determine a borrower's eligibility for a mortgage , credit and repayment history are examined to compile the best possible loan terms. One of these programs is offered by the Federal Housing Administration or FHA. A ...

Federal Housing Assistance loans are a popular way for those with less than perfect credit to apply for a mortgage. However those considering an FHA mortgage should compare the overall costs and repayments with a conventional mortgage if they would qualify for ...

ARM Loans and foreclosures seem to be the news of the day. This is a very real problem and thankfully the FHA has come up with a temporary program known as "The FHA Secure Initiative," that may give some relief. The mortgages ...

Approximately one in three mortgage applications are rejected by lenders leaving potential home owners out in the cold. If you understand the most common reasons for mortgage rejection it will assist your home owning goal. This can be avoided by looking for ...