Knowing more about how FHA works — and how to work with FHA — helps agents identify opportunities for their first-time buyer clients, who make up one in three buyers today. FHA is not for everyone, but for millions of young families, it is the piece that is solving the homeownership puzzle.
Source: Inman News
7 facts about FHA loans you should know
Published in Carla Blair-Gamblian, Carol Galante, credit score, Department of Housing and Urban Development, fannie mae, federal housing administration, fha, fico, first-time buyers, foreclosure, freddie mac, Mortgage, mortgage insurance, refinancing, Residential Finance Month, Select, Steve cook, Theme Months, Urban Institute and veterans united home loans
More from credit scoreMore posts in credit score »
- New rules for scoring mortgage borrowers coming in Q4 2025
- VantageScore: New scoring model could qualify 4.9M extra borrowers
- Homebuyer dollar stretching further as rates drop: Zillow
- CredEvolv coaches homebuyers to help them qualify for mortgages
- Homebuyer education, counseling no panacea for mortgage default
More from Department of Housing and Urban DevelopmentMore posts in Department of Housing and Urban Development »
More from fannie maeMore posts in fannie mae »
- Consumer housing sentiment drops for first time since November
- Biden’s relaxed new Freddie, Fannie refi requirements irk title industry
- New rules for scoring mortgage borrowers coming in Q4 2025
- Strength in home prices helped boost Fannie, Freddie 2023 profits
- New credit scores from FICO, VantageScore gaining traction
More from federal housing administrationMore posts in federal housing administration »
More from fhaMore posts in fha »
- Mortgage giants offering very low income homebuyers a spring break
- David Stevens, influential leader in mortgage finance, dies at 66
- FHA 2024 loan limits are headed up, chasing rising home prices
- Mortgage groups urge FHA to ditch ‘life of loan’ premium payments
- LoanDepot lets buyers cover FHA down payment with 2nd mortgage
More from ficoMore posts in fico »
- VantageScore: New scoring model could qualify 4.9M extra borrowers
- TransUnion knocks plan to let lenders use 2 credit reports
- Fannie, Freddie ordered to slash fees for many first-time homebuyers
- 6 tips to help credit-challenged clients improve scores
- FICO boasts new credit scoring model will reduce mortgage defaults
More from first-time buyersMore posts in first-time buyers »
- This is the best city for first-time buyers, according to Zillow
- 2024 Spring Outlook: Another tight market, this time with extra anxiety
- Biden set to propose $5K tax credit for first-time buyers
- She owns it: How agents can engage the single woman buyer
- 7 ways to hook first-time buyers (before they’re ready to buy)
More from foreclosureMore posts in foreclosure »
- Why inland California housing is so exposed to downturn risk: Report
- Mortgage assistance for Hawaii fire victims includes forbearance help
- Former Keller Williams NYC office auctions for $11.3M
- Angelo Mozilo, symbol of subprime mortgage lending, dies at 84
- Loan servicers’ pandemic-relief efforts ‘a major success story’
More from freddie macMore posts in freddie mac »
- Biden’s relaxed new Freddie, Fannie refi requirements irk title industry
- New rules for scoring mortgage borrowers coming in Q4 2025
- Strength in home prices helped boost Fannie, Freddie 2023 profits
- New credit scores from FICO, VantageScore gaining traction
- Mortgage giants offering very low income homebuyers a spring break
More from MortgageMore posts in Mortgage »
- Digital insurance marketplace Matic grows mortgage clientele
- Shape real estate’s future: Take the Inman Intel Index survey for April
- Industry gets some clarity on mortgage commission rules
- Homebuyers rush to lock as mortgage rates hit new 2024 highs
- Instead of cutting rates, what if the Federal Reserve raises them?
More from mortgage insuranceMore posts in mortgage insurance »
- Industry groups renew push for lower FHA mortgage premiums
- Real estate trade groups prod Biden to cut annual FHA premiums
- MI may be the key to help your clients afford a home right now
- Nation’s fifth largest mortgage insurer joins the IPO craze
- How to give first-time buyers the low-down on down payments
More from refinancingMore posts in refinancing »
- Mr. Cooper now collects payments on $1T in mortgages amid big Q4
- Falling mortgage rates haven’t sparked homebuyer stampede
- Rocket back in the black after boosting purchase market share
- Mr. Cooper’s share price soars with $1T servicing portfolio in sight
- Mr. Cooper lays out path to $1T mortgage servicing rights portfolio
More from Residential Finance MonthMore posts in Residential Finance Month »
- Pulse: Agents seem unconcerned with alternative financing
- Thinking about refinancing your 30-year mortgage? Think again!
- Fidelity National Financial adds new digital opening package for homebuyer and seller transactions
- These 15 markets are poised to become the next iBuying hotspots
- The Real Word: What does iBuyer growth mean for agents?
More from SelectMore posts in Select »
More from Steve cookMore posts in Steve cook »
More from Theme MonthsMore posts in Theme Months »
More from Urban InstituteMore posts in Urban Institute »
Be First to Comment