Gerry Nicodemus NMLS # 286371 
FHA resale rules focus on the seller’s acquisition date and the date all parties execute the contract—not your closing date. Learn what Texas buyers should check before signing for a renovated resale.
FHA mortgage insurance has two parts, and annual MIP often lasts for the life of the loan unless you put about 10% down. Here is how long Texas buyers pay MIP, how that differs from conventional PMI, and how gift funds, seller concessions and down payment assistance can help you plan cash without emptying reserves.
HUD and the Social Security Administration will start checking FHA borrowers’ Social Security numbers on Dec. 3, and new data shows how sharply the 2025 residency change cut FHA lending to non-permanent residents. Here is who qualifies for FHA in Texas today, what documents prove your status and what to do if FHA isn’t an option.
FEMA just made it possible to buy NFIP flood insurance online, and the program’s authority runs out Dec. 11 unless Congress acts. Here is when FHA requires flood insurance in Texas, what coverage counts, what sellers must disclose and how to keep your closing on track.
More young buyers are bringing a parent onto the mortgage. Here is what FHA requires when a co-borrower won’t live in the home, how that differs from co-signing or a gift, what it means for the parent, and how it can shrink a Texas homestead exemption.
Millions of student loan borrowers are switching plans now that SAVE has ended. Here is how FHA counts student loan payments for Texas buyers, what happens with a $0 payment or a federal default, and why a spouse’s debts can count in Texas.
Texas buyers have more condos and townhomes to choose from, but with an FHA loan the building has to qualify too. Here is how FHA condo approval works: HUD’s approved list, Single-Unit Approval, site condos, HOA finances and insurance, and the Texas resale certificate.
FHA officials say a shortage of 203(k) consultants is holding back the program, and Limited 203(k) loans now allow more contractor draws. Here is how an FHA 203(k) renovation loan works for Texas buyers: Limited vs. Standard, eligible repairs, contractors, draws and the timeline after closing.
FHA has proposed updating its minimum property requirements, but today’s rules still apply. Here is what an FHA appraiser checks in a Texas home, which repairs are and are not required, how an appraisal differs from a home inspection and what to do if repairs or a low value come up.
About 30% of mortgage buyers used a gift or loan from family or friends, Zillow reported this week. Here is how FHA gift funds work under HUD rules: who can give, what the gift letter must say, how to document the transfer, what money cannot be a gift and how Texas buyers can keep the gift from delaying closing.