FHA News

Construction to Permanent loans – VA and FHA

ONE – TIME CLOSE Construction-To-Permanent Loan Are you in the market for a newly constructed home with little or no down payment? Now available, FHA and VA construction to permanent loans! No need to refinance after the build is complete, the first close, will be you only close. Make no payments until the home is […]

FHA Reduced Mortgage Insurance Premium

FHA Reducing Annual MI rates as of January 26, 2015!FANTASTIC NEWS FOR CURRENT & FUTURE FHA MORTGAGE LOAN APPLICATONS The FHA annual mortgage insurance premium is being reduced from 1.35 percent to .85 percent. This action reduces monthly mortgage payments! Some good news coming out of Washington, DC on the homeownership front. The Federal Housing […]

FHA’s Back To Work Program 1

Have you had a short sale or foreclosure in your past but now you are ready to buy again? Well great news, your new home purchase can be made sooner than you thought. The Federal Housing Authority  (FHA) has shortened the mandatory waiting periods for homeowners with a short sale, foreclosure, deed-in-lieu, or even bankruptcy, […]