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FHA Home Loans are quickly becoming the best First Time Home Buyer Home Loan program available.  FHA Mortgages offer low Mortgage Rates for home purchase or refinance.  First Time Home Buyers can also take advantage of the $8000 First Time Home Buyer Tax Credit currently offered for anyone who hasn't owned a home for the past 3 years.  If you currently have an FHA Home Loan, you can take advantage of the fast and easy FHA Streamline Refinance Loan to lower your payment today.

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JUNE 2009 FHA LOANS FOR THE SELF-EMPLOYED JUNE, 2009 Are you self-employed and wondering if you can qualify for an FHA Mortgage?   You probably can if you fit within a few simple guidelines.  Here is a summary of what a lender will look at:   Business has been in existence for at least 2 years   The first rule of thumb is that your business need to have been in existence for at least 2 years.  This means that if you have an ... >> full June 25, 2009 11:51 :: FHA Guidelines :: comments (0) :: EXTENUATING CIRCUMSTANCES If you are seeking an approval on an FHA Mortgage and have had a bankruptcy within the past 2 years or a foreclosure within the past 3 years, you may have heard the term "extenuating circumstance."  What does this mean?   Normal FHA Guidelines require that 24 months pass after a bankruptcy discharge before you can get approved for an FHA Mortgage.  The rule is 36 months for a foreclosure.    However, if you ... >> full June 06, 2009 6:26 :: FHA Guidelines :: comments (0) :: MORTGAGE RATES RISING Mortgage rates have climbed to the highest level we have seen since last fall.    Although still very low historically, people have gotten used to rates at 5% or even lower.  Currently, rates sit in the mid-5%'s and it appears to be unlikely they will dip back down again to where they were.   The rise in rates seems to mainly be tied to the fact that there is too much supply of bonds in ... >> full June 05, 2009 4:48 :: FHA Program News :: comments (0) :: 1 - 3 of 3

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