If you’re a first-time homebuyer or are struggling to get approved for a conventional mortgage, a loan through the Federal Housing Authority (FHA) just might be your ticket to homeownership. FHA loans often allow higher debt-to-income ratios than traditional mortgages (up to 57%) and lower...
As announced previously by VA in Circular 26-19-30 (which provides interim guidance on implementing "The Blue Water Navy Vietnam Veterans Act of 2019") the conforming loan limit cap on guarantees was removed for Veterans with full entitlement. For Veterans who have previously used entitlement and...
While the low cost of entry might be attractive to some people looking to enter the housing market without a lot of cash on hand, it's best to look around and see what other loan products are on offer before committing to an FHA loan. This is due to both the high cost of borr...