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What You Need to Know About FHA Down Payment and Gift Fund Guidelines

15th March 2010
FHA home loans have been around since 1934 and have helped many buyers purchase the home of their dreams. The underwriting guidelines on FHA home loans are much more lenient than on the conventional loans making obtaining financing much more accessible fo... Read >
Author: fha.yourmtglender.com

FHA HAMP Loan Modification Requirements & Guidelines

07th September 2009
Department of Housing and Urban Development Secretary Shaun Donovan proclaimed today the Federal Housing Administration has completed changes to its loan modifications initiative so that it will further tie in with President Obama's Home Affordable Modifi... Read >
Author: Loan Modification

Countrywide Home Loan Modification - Should You be Concerned?

16th July 2009
In July, 2008, Bank of America bought Countrywide Bank, a major mortgage lender. Homeowners whose mortgages were held by Countrywide heard of its plan to offer refinancing or loan modifications to help homeowners struggling to pay their monthly mortgage. ... Read >
Author: Lindsy Emery

FHA loans below 580 credit score

05th September 2008
If you have a credit score below a 580 it might be extremely hard to get a FHA loan in this current lending market. But there are other options when it comes to getting government loan. Even though FHA will insure loans below a 580 credit score the second... Read >
Author: Mike Clover
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