Have you ever driven past a home with a sign that says “Fannie Mae Homepath”?  If so, and if you’re in the market to buy a home then this could be another option for you to add to your property search.  So, what is a Homepath property?  It’s a property which is currently owned by [...] Related posts:

1. FHA 203K Renovation Financing: An Opportunity For Everyone
2. Fixer-Upper Financing: 203k Program Provides Buyers with Renovation Funds
3. Rehab Loan Options for Homeowners

What is a HUD Home?

Are you interested or wondered what HUD homes are and how to finance them?  Well, just like properties which are purchased with conventional loans, properties purchased with FHA insured financing also at times go into foreclosure.  When that happens those properties are then acquired by [...] Related posts:

1. FHA 203K Appraisal
2. FHA Gift / FHA Gift Letter
3. FHA 203k Streamline

1. FHA 203K Loan Information
2. Hello Homebuyers!
3. New FHA 203K Loan Calculator

Have you ever wondered how the renovation part of the FHA 203k loan is figured out?  Well now you can because 203k Mortgage Lender has a new feature – our FHA 203k loan calculator for purchasing a property.

Unlike conventional loan amounts, FHA loans [...] Related posts:

1. Homepath Renovation Mortgage Financing and the FHA 203k Loan
2. FHA 203k Loan Guidelines and Requirements
3. FHA 203K Loan Information

FHA 203k Streamline: What’s in a Name.

You might have heard the term “streamline” associated with FHA but did you know FHA has two types of streamline loans?

There is the FHA 203k Streamline, used for renovation and remodeling,  and there is the “regular” FHA Streamline used for refinancing an FHA loan.  Both are designed to reduce [...] Related posts:

1. FHA 203K Rates
2. FHA 203K Appraisal
3. FHA 203K Closing Costs

If you have been shopping for a home and have considered a HUD FHA 203K Loan to purchase and renovate you may have wondered how much down payment you would need? Or how to figure out a 203K down payment with rehab included? You may be surprised to know the 203K down payment is [...] Related posts:

1. New FHA 203K Loan Calculator
2. FHA 203k Loan Guidelines and Requirements
3. FHA 203K Rates

Like all home mortgage loans such as FHA, VA, and Conventional a required appraisal is needed when financing a property. An appraisal is a written analysis of the estimated value of a property and is one of the required items needed for your lender to do your [...] Related posts:

1. FHA 203k Streamline
2. FHA Gift / FHA Gift Letter
3. Hud Homes

1. FHA 203K Down Payment
2. FHA 203k Streamline
3. FHA 203K Closing Costs

Whether you are W-2, 1099, Self employed, etc. one thing for sure proof of income is needed for FHA loans and two years worth at that.

So, what does the tax deadline mean if [...] Related posts:

1. FHA 203k Loan Guidelines and Requirements
2. Hud Homes
3. New Features on 203K Mortgage Lender website!

FHA Homebuyers,  If you are considering receiving a gift for the down payment then there are some FHA gift guidelines and requirements you should be aware of which can help make your loan process go easier and more pleasant.  Plus your loan officer and lender will be grateful.

Gift funds are in your account already now [...] Related posts:

1. FHA 203k Streamline
2. FHA 203K Down Payment
3. FHA 203K Appraisal