Get information on FHA refinance and VA refinance loans, which allow homeowners the option to reduce payments or their loan term and have more flexible requirements than conventional loans.
FHA loan: The maximum DTI is 43%, but if you have certain financial strengths that offset your risk, a DTI of up to 57% can still qualify. VA loan: Most lenders prefer that you have a DTI ratio of 41% or lower for a VA loan. However, some lenders may allow you to qualify with...
Get information on FHA refinance and VA refinance loans, which allow homeowners the option to reduce payments or their loan term and have more flexible requirements than conventional loans.
Looking for a mortgage loan in Youngstown, Mahoning County? You may be qualified. A mortgage consultant from First Equity Mortgage Group, LLC can help you determine if that is the right mortgage option for you.
With no down payment or mortgage insurance requirements, VA loans are hard to beat. But even if you’re eligible for a VA loan, an FHA loan might be worth a look, especially if you have a lower credit score and are able to put down at least 3.5% of the purchase price. Both mortgag...
CONSIDER A VA LOAN, FHA OR RURAL HOUSING LOAN Veterans Affairs (VA) loansandFederal Housing Authority (FHA) loansare special types of loans offered by the federal government that aim to help specific populations become homeowners. We’re proud to be an issuer of these loans....
FHA Loan Program Information Overview The office of Housing plays a vital role for the nation’s homebuyers, homeowners, renters, and communities through its nationally administered programs. It includes the Federal Housing Administration (FHA), the largest mortgage insurer in the world. ...
Looking for an FHA loan, Conventional loan, or a VA loan in Irvine, Orange County? You may be qualified. A mortgage consultant from New Leaf Funding, Inc. can help determine the right mortgage option for you.
Your down payment doesn't have to come from savings. With these loans, it can come from a gift or a grant. Low Down Payment Options Put the dream of owning a home within reach. With an FHA, VA, or USDA Home Loan, your down payment can be as low as 3.5%. Other...
FHA-insured loan amount has risen; FHA borrowers will be allowed to include all closing costs in the mortgage amount; Interest rates of VA mortgages will be set by mortgage lenders; Members of the National Guard, and military reservists with six or more years now eligible for VA loans; More...