Buying a home with an FHA Loan? Putting less than twenty percent down? You will very likely be required to purchase FHA mortgage insurance.
What Is FHA Mortgage Insurance and Who Needs It?
Mortgage insurance ...
Homeowners seeking mortgage help through loan modification programs such as HAMP and HAFA, may face another issue—lower credit scores.
Loan Modification and Credit Scores
Homeowners on the verge of...
There are two possible scenarios when considering an FHA refinance. Both of these scenarios are based on what kind of current loan you are trying to refinance.
FHA Refinance First Step
The first step in...
The FHA has had a program involving streamlined refinance options since early 1980s. The programs is designed for less documentation and a speedier approval process.
What is the FHA Streamline Refinance...
If you have an FHA loan, a new loan modification program can help you lower your monthly payments.
Lower Your FHA Loan Mortgage Payments
Have an FHA loan? Want to reduce your mortgage payments? Loans backed...
Reverse mortgages can offer extra cash for seniors, but there are drawbacks. Learn what you should take into consideration before taking out a reverse mortgage.
Seniors are feeling just as cash-strapped as...
Behind every new foreclosure is a desperate family willing to do anything to save their home. And as foreclosures continue to mount across the U.S., so do the number of con artists trying to take advantage of...