fha mortgages: Best FHA Home Loan for Plano Texas Home Buyers - 05/19/17 04:52 AM
FHA Home Loan An FHA home loan is (Federal Housing Administration) is a loan backed by the U.S. Department of Housing and Urban Development (HUD) for first time home buyers in Plano Texas. Not only are FHA home loans are a viable option for many Plano, Texas first time home buyers, they are even great loans for step up buyers. Although FHA home loans are government-backed, they are not grant or down payment assistance home loans. Lenders make these loans to home buyers and follow HUD guidelines.
However, FHA insures the loan for the lender for offering the loan with such … (0 comments)

fha mortgages: Video: Is an FHA Mortgage The Right Loan For Your Dallas Texas Home? - 12/20/16 01:33 PM
 Is an FHA Mortgage The Right Loan For Your Dallas Texas Home?
Why are FHA loans so accessible?
For a first time home buyer, a step up buyer, or buyers with bruised credit, a FHA loan makes it easier for Texas residents to qualify because the government guarantees the loan making it less risky for the lender and therefore easier to approve. However, each lender has set standards that they adhere to, which may differ from lender to lender. There are no income limits like many first time home buyer program, but you will need to have enough income to prove you can … (0 comments)

fha mortgages: What you need to know about FHA mortgages for your Texas home - 10/18/16 01:43 AM
An FHA insured loan (Federal Housing Administration) is a loan backed by the U.S. Department of Housing and Urban Development (HUD). Not only are FHA home loans a viable option for many Texas first time home buyers, they are even a great loans for step up buyers. Although FHA loans are government-backed, they are not exclusively for grant or down payment assistance.  Lenders make these loans to home buyers and follow HUD guidelines.  Some lender impose thier own extra guidelines to the HUD rules as well.

FHA insures the loan for the lender for offering the loan with such a low down … (0 comments)

fha mortgages: Should You Use An FHA Loan To Buy Your Texas Home? - 08/24/16 09:33 PM
What is an FHA Loan?
An FHA insured loan (Federal Housing Administration) is a loan backed by the U.S. Department of Housing and Urban Development (HUD). Not only are FHA home loans are a viable option for many Texas first time home buyers, they are even great loans for step up buyers. Although FHA loans are government-backed, they are not grant or down payment assistance.  Lenders make these loans to home buyers and follow HUD guidelines.
However, FHA insures the loan for the lender for offering the loan with such a low down payment. The insurance is provided only to individuals, and approved … (0 comments)