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Can I Obtain an FHA Loan for a Second House?

Because of the low minimum credit scores and down payments, the FHA loan is popular among first-time homebuyers. However, this does not preclude its usage by second-time homebuyers. In fact, … Read more

How Much Down Payment for FHA Loan

The Federal Housing Administration (FHA) offers home loans with down payments as low as 3% for qualified borrowers. These loans are popular among buyers because they don’t require a minimum … Read more

Credit Requirements for FHA Loans

FHA loans require borrowers to have a credit score of 580 or better. This is because lenders want to make sure that borrowers are financially stable enough to pay off … Read more

FHA 203k Loan Requirements

What Is An FHA 203(k) Rehab Loan? A 203(k) loan allows homeowners to purchase a property that requires significant repairs or renovations. These loans are often used to finance the … Read more

How Much FHA Loan Do I Qualify For?

FHA Loans: Requirements, Loan Limits And Rates An FHA loan allows you buy property without having perfect credit because it requires less documentation. You must meet specific income requirements before … Read more