FHA Annual Mortgage Insurance Premium Improves! A few things you should know about it: Exciting news was announced on Wednesday February 22, 2023. FHA annual mortgage insurance premium improves by 30 basis points! The premium will be reduced from 85% to 5
Feb 27, 2023 | FHA Loans
A new Down Payment Assistance program just rolled out, which helps more than just first-time home buyers! Here's what you need to know... You DO NOT need to be a first-time home buyer to qualify! There are also no income limits. Here's how it works: Th
Oct 27, 2022 | FHA Loans Purchasing a Home
Mortgage loans made by the Federal Housing Administration can be a huge help to homebuyers without a large down payment. FHA loans require down payments of as little as 3.5%. Traditional loans often require 20%. Yet FHA mortgages come with some strings at
Dec 04, 2019 | Government Loans FHA Loans
The federal government has aimed to help increase homeownership for decades. One of the Federal Housing Administration’s many programs to help Americans in their homeownership dreams is the Energy Efficient Mortgage program (EEM). Many homes, especi
Jul 17, 2019 | FHA Loans Government Loans
Are there ways to get a mortgage loan without making a down payment? While the options are not as plentiful as they used to be, there are still at least four government-backed programs that allow borrowers to buy a home with no down payment. Over a decad
May 22, 2019 | Purchasing a Home First-time Homebuyers Government Loans FHA Loans VA Loans USDA Loans
You have found your dream house but it will take significant work to make it a home. You do not have cash in savings to pay for both a down payment and the repair costs. Not to worry - this is not a hopeless situation. Fortunately, there are two types of
Feb 13, 2019 | FHA Loans Purchasing a Home
