FHA loans come with closing costs, typically 2 percent to 6 percent of a home’s purchase price. These costs are above and beyond the FHA loan 3.5 percent down payment requirement. FHA closing costs ...
The Federal Housing Administration (FHA) announced this week the publication of newly proposed guidance for the Home Equity Conversion Mortgage (HECM) for Purchase (H4P) program in the Federal ...
WASHINGTON - Could the federal government's booming FHA mortgage program be forcing homeowners to pay tens of millions of dollars in extra interest charges when they sell their houses or refinance ...
One of the key attractions of FHA home mortgage financing is going, going - but not quite gone. Sellers and buyers who move fast can still make the most of it. Sometime this summer, the Federal ...
A buyer’s real estate agent walks into an office with a contract in hand and places it on the seller agent’s desk, where he’s sorting out a pile of other offers for the same house. The seller agent ...
If you're considering buying a house with an FHA mortgage and expect the seller to help out with your closing costs, here's a heads-up: FHA plans to impose significant restrictions on the amount of ...
The guilty verdict of the landmark Sitzer/Burnett commission lawsuit case sent shockwaves across the real estate industry. In the aftermath, one of the most contentious issues in the minds of mortgage ...
The federal government's biggest home mortgage program streamlined itself at the end of December, and that could be good news for buyers, sellers, real estate agents and builders. The Federal Housing ...