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fha loan requirements: FHA Loans and FHA Loan Requirements - 03/20/08 11:12 PM
FHA loans are back in the spotlight.  Created back in the 1930's to help pull the nation out of a severe housing crunch, FHA loans are once again ready to help stabilize the mortgage and housing world.
In the 1930's, the foreclosure rate was as high as 50%.  We are nowhere near that level today, but things are bad, and there are no sub prime lenders willing to lend at 100% on stated income programs to bail out homeowners.  There is, however, FHA loans. 
Many in the mortgage industry are not overly familiar with FHA loans, especially here in California.  There have … (0 comments)

 
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Chris Goulart

Brentwood, CA

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