Texas FHA Blog

How Much House Can I Afford? Get Your Answer With These 11 Key Considerations.

What you pay in rent isn’t necessarily how much house you can afford. There are many factors and a number of other considerations. Figuring how much house you can afford boils down to your annual income, down payment, debt-to-income ratio, and your credit score. These all impact what your monthly payment will look like and … Continue reading “How Much House Can I Afford? Get Your Answer With These 11 Key Considerations.”

FHA Mortgage – HUD 203(k) Loan Program

One of the major misconceptions about the Federal Housing Authority 203K home loan programs is that it’s hard and time-consuming. It is only hard if the mortgage officer and realtor are inexpert with the procedure. As far as being long, whenever you engage 3rd party contractors and consultants, you add to the amount of time … Continue reading “FHA Mortgage – HUD 203(k) Loan Program”

Breaking Down The FHA Qualification Requirements

FHA loans provide mortgage opportunities to individuals with low credit or low income and individuals who might be the first-time house purchasers; there are specific FHA loan requirements outlined by the FHA – Federal Housing Administration. And in this post, we will be covering all the FHA loan requirements you must fulfill that include: Having … Continue reading “Breaking Down The FHA Qualification Requirements”

Why FHA With Credit Score To Get The FHA Maximum Loan Amount?

Did you acquaint FHA loans have been available since 1935? The FHA loan limits can be determined according to your credit score. It’s pretty astonishing if you consider it, this kind of loan has been available since right after the Great Depression. Also, an additional advantage of FHA is that it doesn’t have credit score … Continue reading “Why FHA With Credit Score To Get The FHA Maximum Loan Amount?”

FHA 203K Loans – How They Work For Your House Remodeling

Over the years it’s been harder to get an FHA 203k Home Loan for an extensive renovation project. Through this mortgage we’ve been capable of getting clients the cash they require for the addition, kitchen remodels, bathroom remodels, or whole home renovation they’ve been dreaming of carrying out. Although there are a lot of things … Continue reading “FHA 203K Loans – How They Work For Your House Remodeling”

The Characteristic Of Top Mortgage Lenders

You want to get a loan from the best mortgage company in your area. But which lender is the best to obtain a loan. Purchasing a home is one of the biggest financial decisions you made in your life. If you are financing your home with a mortgage loan, then you need to find the … Continue reading “The Characteristic Of Top Mortgage Lenders”

Apply For FHA Loan To Buy Your Dream House

What is an FHA loan? What are the FHA loan qualifications? These are the questions that come in anyone’s mind who encounters the phrase “FHA loans” for the first time. The Department of Housing and Urban Development (HUD) has made FHA loan a part of their plans.  FHA loans are given by the lenders approved … Continue reading “Apply For FHA Loan To Buy Your Dream House”

Conventional loan vs. FHA: which is better?

Are you ready to purchase a home? One of the most primary factors to think of when shopping for a home is what mortgage type you’d need. FHA mortgages and conventional loans are two incredibly sought-after selections for both first-time and repeat homebuyers—not to mention even those who would like to refinance their mortgage.   … Continue reading “Conventional loan vs. FHA: which is better?”

Best FHA Loan Helps You Become A Homeowner

You want to apply for an FHA loan then you need to find the best FHA lenders in your area. Everyone dreams of buying a home where he could live happily with the family. But it is not easy to save money to buy a house these days especially when it becomes challenging to earn … Continue reading “Best FHA Loan Helps You Become A Homeowner”

Various Types Of FHA Loans Available Out There

If you are interested in getting FHA loan programs, there are a few significant things you must know. The FHA has a broad variety of mortgages from which you can select. The FHA permits you to borrow cash from a broker, given your loan is insured from default for the first five years. Once the … Continue reading “Various Types Of FHA Loans Available Out There”