Fha-loans Articles

A year after its defeat in the Senate, a bill that would reform the Federal Housing Administration was reintroduced late last month in the U.S. House of Representatives. The Expanding the American Homeownership Act would ease down payment requirements and increase loan limits for would-be home buyers. The same measure passed the House last summer but fell to defeat in the Senate. Undeterred, U.S. Rep. Judy Biggert, R-Ill., introduced the bill March 29. "Foreclosures in the sub-prime mark.... Read More...

In the world of loans and refinancing, one of the simplest loans anyone can do is a FHA Loan Mortgage Refinance on your existing FHA Loan because you are already approved by the HUD. FHA Loan Mortgage Refinance can be granted to close to anyone because there is little risk for the loan granter when issuing you a refinance on your current FHA Loan. As long as your payments have been on time for a period of 12 months you will find it to be a relatively painless undertaking. Even if you have had a.... Read More...

The Federal Housing Administration has been helping people become homeowners since the 1930s. In the 1980s the FHA became known for its bureaucratic tendencies and fell out of favor with the public. Instead many borrowers turned to private lenders who reaped the rewards of charging higher interest rates on subprime loans. Recently, however, as subprime lending practices are coming under increased scrutiny, many have turned, once again, back to the FHA for their loans. There are a number o.... Read More...

Continuing news regarding the re-emergence of FHA-insured home loans surfaced today over at Bloomberg.com in their article that focuses on the benefits to be had by Ginnie Mae and the FHA market over the recent subprime fallout. Both the current Bush administration and Democtratic-hopeful Hillary Clinton have said that they back legislation to re-invigorate the FHA loan program to help cover low and middle-income homeowners over the coming years. Many of the issues that have plagued FHA mortgag.... Read More...

One of the great facets of the American dream is the notion that everyone should be able to own their own home, despite their race, background, or financial situation. And while purchasing a home isn't easy for most Americans, it is an especially difficult process for some. Lately, the solution to buying a house with little cash or a poor credit rating was to use a sub-prime mortgage. Sub-prime mortgage loans are utilized by people with poor credit history who can therefore not obtain prime mar.... Read More...

First of all, we'd like to announce the initial launch of our FHA Loan Calculator here on Mortgage Loan Place. We realize that many of our visitors that are interested in FHA mortgage information can benefit from testing out some financial scenarios using the calculator before worrying about contacting a loan officer. Look for updates to make the FHA calculator even better in the coming weeks. More importantly, it is becoming apparent that FHA loans may be returning to the forefront of the mort.... Read More...