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  1. The FHA down payment requirements are much lower...buy a home that is not included in the mortgage. FHA does not look or pay for credit scores. If...

    2 Answers · Business & Finance · 16/01/2009

  2. FHA and VA loans have basically the same qualifying criteria in regards to financial...not know the difference, they should not be in the business. Ignore when they say that you cannot get an FHA loan without a 620 score, FHA specifically mandates a 580 credit score, not 620 and there are many...

    7 Answers · Business & Finance · 23/04/2010

  3. You can get an FHA 203k Rehab Loan to pub a non-conforming property into habitable...price must be equal to the appraised or less, allowing for any minimum FHA down payment requirements (typically 3%). Once you close on the purchase...

    4 Answers · Business & Finance · 09/08/2012

  4. FHA rates are set by the market, and lenders can charge what the market will bear. FHA sets the standards for approval but has no input on the interest...

    5 Answers · Business & Finance · 08/03/2013

  5. FHA does NOT make loans. The local lenders make...the insurance that insures the loans is regulated by FHA in the form of MIP. FHA is no more difficult to undewrite or...

    4 Answers · Business & Finance · 02/10/2008

  6. All FHA loans have MIP, which is the same as PMI. An...insurance. But I would research your options with a banker. FHA might not always be the best approach, it totally depends on your...

    4 Answers · Business & Finance · 24/05/2012

  7. Although FHA has been proud to say their program is not score ...the rate and amount of Monthly Mortgage Insurance on an FHA loan will be tied to your credit score. The ratios...

    5 Answers · Business & Finance · 23/10/2009

  8. FHA has waived this rule, they no longer require you to wait 90 days before applying for an FHA mortgage loan program. Even though FHA no longer have this requirement...

    6 Answers · Business & Finance · 19/12/2012

  9. FHA allows 3 1/2% down payment on a good FICO and verifiable work history and decent salary for the purchase amount...at a very low interest rate. Believe that's what is going on now. Not bad at all. FHA homes must be appraised and have certain things in them, as well. No big deal...

    4 Answers · Business & Finance · 13/02/2009

  10. FHA underwriter's don't look to make money off of anyone. They are typically a salary position. Your... you happy with your rate? If so then it doesn't matter. Broker's can also do FHA loans through other investors and they are still going to be underwritten by an...

    2 Answers · Business & Finance · 03/05/2009

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