Requirements for Obtaining a Reverse Mortgage The government has a number of rules regarding eligibility for reverse mortgages and the borrower's responsibilities once they have obtained one. Eligible Property Types If you own a house, a condominium, a townhouse, or a manufactured home built on or...
For homes that exceed the conforming loan limit, borrowers may be able to purchase with a jumbo loan. Check your conforming loan eligibility and today's rates here (Jan 24th, 2025) Eligible properties for conventional financing Single-family homes (detached homes) Planned Unit Developments (PUDs)...
Check your eligibility for a cash-out loan. Start here (Jan 18th, 2025) Alternatives to cash-out refinance: HELOC & reverse mortgages A cash-out refinance isn’t the only way to turn your home equity into cash. It’s also worth talking to your mortgage lender about a home equity line ...
Mortgage Loans Tools Credit Team BlogFHA Home Loans: Loan Requirements and Eligibility in 2020Last Updated: September 28, 2020 Deciding to investigate whether FHA Home Loans are right for you can lead to endless amounts of research. With so many resources online, and so many different typ...
FHA Loan articles and updates for first time homebuyers, homeowners looking to refinance an existing mortgage, and anyone looking to learn how to buy a home with a low down payment mortgage.
Check your eligibility for an adjustable-rate mortgage. Start here (Feb 1st, 2025) Fixed-rate vs adjustable-rate mortgage: Which is better? Understanding the differences between a fixed-rate mortgage and an adjustable-rate mortgage can help you determine which loan is right for you. So, let’...
We will cover everything you need to know, including requirements, eligibility, loan limits, rates, pros and cons, and FAQs. What is an FHA Loan? An FHA loan is a mortgage loan insured by the Federal Housing Administration (FHA). They fall under the jurisdiction of the Department of Housi...
Eligibility Eligibility Requirements Divorce Financial Planning is the application of the discipline of financial planning to settlement strategies in divorce. The process requires the synthesis of tax, insurance, retirement and other areas of knowledge with their specific application to divorce. The eligib...
November 13, 2015Filed Under:FHA Eligibility Requirements,FHA loan,FHA mortgage Newly graduated students lucky enough to get a job after graduation have to overcome many hurdles on the path to home ownership including establishing a good credit score, saving for a down payment, and being able to...