A Federal Housing Administration (FHA) loan is a type of mortgage insured by the Federal Housing Administration. But unlike other kinds of loans, they can only be issued by an FHA-approved lending company. Several advantages come with FHA refinancing. And for some individuals looking for refinancing options, it can provide a great deal of help […]
Conventional Loans and FHA: When to Refinance
When taking out a mortgage, it’s important to consider the different premiums and costs that come with the different types of loans. Many first-time homeowners choose loans with the Federal Housing Administration (FHA), as financing is easy with only minimal down-payments and good credit scores. However, there are also some drawbacks despite FHA’s obvious advantages. […]
How to Qualify for an FHA Loan
Many of us have dreams of owning our own homes, not solely for the purpose of having a roof over our heads but also for investment. It’s no secret, however, that homes are expensive and cannot be easily bought. It requires shelling a ton of money—money you may not have now. This is where a […]
