January 8, 2015 WASHINGTON – As the country’s home market continues to improve, U.S. Housing and Urban Development Secretary Julian Castro today announced the Federal Housing Administration (FHA) will reduce the annual premiums new borrowers will pay by half of a percentage. This action is projected to save more than […]

President Elect Barack Obama

Tearing Money

203(k) Rehabilitation Mortgage Insurance 2015

203(k) Rehabilitation Mortgage Insurance PowerSaver Pilot 203(k) Mortgage FHA’s PowerSaver Pilot 203(k) program will enable eligible homeowners access to low cost financing when energy saving upgrades are included by them using their do-it-yourself job. PowerSaver Pilot Lenders and Contacts Notice of Funding Availability (Shut 9/12/13) Streamlined 203(k) Mortgage The Streamlined […]

What’s an Adjustable Rate Mortgage (ARM)?

Unlike fixed rate mortgages with a rate of interest that remains the same for the life of the outstanding loan, the interest rate on an ARM will change occasionally. The initial interest rate of an ARM is lower than that of a fixed rate mortgage, hence, an ARM could be […]

Low Interest Loan

New Home Key Shows Moving To House

What Goes on Behind the Scenes Once Your FHA Loan is Approved?

Were you aware that in addition to all of the other rules regulating FHA home loans, there are regulations that govern what’s supposed to happen once your FHA loan is approved or denied? Those regulations are found in the FHA loan rules as published in HUD 4155.1. Section A instructs […]

FHA Loans 2015- Ideal Option to Purchase Your Dreamhome

The FHA loans are ideal for individuals planning to purchase a home but do not have the finances to do so. There are several lenders who grant such loans to the needy. The popularity of these loans are increasing day by day as it offers various benefits compared to other […]

FHA Great Option


FHA Loans Below 580 Credit Score

If you have a credit score below a 580 it might be extremely hard to get a FHA loan in this current lending market. But there are other options when it comes to getting government loan. Even though FHA will insure loans below a 580 credit score the secondary market […]

FHA Loan Criteria and Borrowers’ Rights 2015

Generally, home buyers apply for a mortgage loan to purchase Paradise Valley homes for sale. However, it is very important to first learn about the loan criteria set by the Federal Housing Authority or FHA that you have to meet, as well as the rights of loan borrowers before you […]

Own Your Dream Home with an FHA Loan