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Ask a Question to our FHA Experts

Do you have a question for our FHA Mortgage experts? Use the short contact form below to ask our experts a question. We generally post a response within 24 hours, so check back tomorrow!

Please note that the FHA experts cannot give advice on an individual particular situation. The information required to make such an analysis is detailed, and should not be handled in this forum. This forum is for discussion regarding general FHA questions. It should be used in addition to other FHA resources, and should not be the final say in your personal decision making process. For an individual analysis, please inquire here. Also do refer to the below listed answers from our FHA experts to the queries posted by our visitors.

The thoughts posted by our experts are their current opinions at the time of posting only, and are subject to change without notice. MortgageLoanPlace.com has no responsibility for their accuracy or completeness. Questions containing personal information will not be posted on this website.

FHA Loan Experts

As FHA loans are returning to the forefront of the mortgage industry, many homebuyers have questions regarding their options in obtaining an FHA mortgage and the benefits of going with the FHA as opposed to using a conventional lending product. Some common 'negatives' that most people have heard concerning FHA loans - that obtaining one is a tedious process, that they require a 3% downpayment - it's important for potential homebuyers to educate themselves beyond these common conceptions before dismissing the possibility of obtaining such a loan.

Interested in learning more? Try downloading our FHA Loan Guide!

Ask The Experts

 

Recent Questions

  • Question :
    About 3 yrs ago, I sold my home that had an FHA loan. During the past year I have twice received something in the mail saying I have a government refund from the sale of that house and the only thing
  • Answer : First, be wary of mailers saying things like that. Often then can be scams. Please use our HUD refun.... Read More
  • Question :
    After a chapter 13 has been discharged, how long will it be until I can get a loan to buy a home?
  • Answer : Generally speaking, you may qualify for a home loan 2 years after discharge from bankruptcy......... Read More
  • Question :
    After you sign the papers closing, how long does it take to get your keys to move into your new home? -Meme
  • Answer : After the closing, you should have your keys right away, unless there has been some specific issues .... Read More
  • Question :
    All variables being equal, will an FHA loan have a smaller interest rate than a conventional loan?
  • Answer : Conventional loans are much more difficult to obtain than an FHA loan, and interest rates are about .... Read More
  • Question :
    Are FHA loans assumable? How long after purchasing with an assumable FHA loan can we get another person to assume the loan? Also, does the person trying to assume the mortgage still have to qualify un
  • Answer : Yes, you can assume a FHA loan, or if you are the seller, someone may assume your FHA loan. There is.... Read More
  • Question :
    Are FHA loans available to low income tenants? Where do I go to find information on this type of loan? -Rosi
  • Answer : The HUD was created to help lower income families and tenants afford housing. You send in the same a.... Read More

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