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FHA Programs
FHASecure
Under the new FHASecure plan, FHA will allow
families with strong credit histories who had been
making timely mortgage payments before their loans
reset-but are now in default-to qualify for refinancing
FHA Refinance
An FHA refinance is a government backed home refinance that
allows you to get 95% loan to value on your home. With the best
available rate and terms regardless of your credit score.
FHA Mortgage Insurance
What is mortgage insurance for the FHA program?
FHA Score Card
The FHA TOTAL Scorecard was developed by HUD to evaluate the
credit risk of FHA loans that are submitted to an automated
underwriting system.
FHA Score Card Guidelines
This User Guide is designed to assist lenders using the Federal
Housing Administration's (FHA) Technology Open To Approved
Lenders
FHA and Gift Funds
The lender must document the transfer of the funds from the donor
to the borrower.
FHA Vs Subprime
The ABC’s of refinancing
FHA and HUD Homes
A HUD home is a 1 to 4 unit residential property acquired by HUD as
a result of a foreclosure action on an FHA-insured mortgage.
FHA 203 b
The FHA Program Is a federally backed loan that can be 97%
purchase or 95% refinance. They are insured by the government
and funded by direct FHA lenders.
FHA 203 H
Mortgage Insurance for Disaster Victims
FHA 203 K
Rehab a Home w/HUD's 203(k) Rehab Program
FHA Underwriting Guidelines
This Handbook describes the basic mortgage credit underwriting
requirements for single family homes.
FHASecure
Under the new FHASecure plan, FHA will allow
families with strong credit histories who had been
making timely mortgage payments before their loans
reset-but are now in default-to qualify for refinancing
FHA Refinance
An FHA refinance is a government backed home refinance that
allows you to get 95% loan to value on your home. With the best
available rate and terms regardless of your credit score.
FHA Mortgage Insurance
What is mortgage insurance for the FHA program?
FHA Score Card
The FHA TOTAL Scorecard was developed by HUD to evaluate the
credit risk of FHA loans that are submitted to an automated
underwriting system.
FHA Score Card Guidelines
This User Guide is designed to assist lenders using the Federal
Housing Administration's (FHA) Technology Open To Approved
Lenders
FHA and Gift Funds
The lender must document the transfer of the funds from the donor
to the borrower.
FHA Vs Subprime
The ABC’s of refinancing
FHA and HUD Homes
A HUD home is a 1 to 4 unit residential property acquired by HUD as
a result of a foreclosure action on an FHA-insured mortgage.
FHA 203 b
The FHA Program Is a federally backed loan that can be 97%
purchase or 95% refinance. They are insured by the government
and funded by direct FHA lenders.
FHA 203 H
Mortgage Insurance for Disaster Victims
FHA 203 K
Rehab a Home w/HUD's 203(k) Rehab Program
FHA Underwriting Guidelines
This Handbook describes the basic mortgage credit underwriting
requirements for single family homes.
| USDA Loan Programs |
USDA Home Loan Program
What is a USDA Loan?
A USDA Guaranteed Loan is Government insured
100% purchase loan. These Loans are only
offered in rural area's and serviced by direct
lenders that meet federal guideline's.
A USDA Guaranteed Loan is Government insured
100% purchase loan. These Loans are only
offered in rural area's and serviced by direct
lenders that meet federal guideline's.
USDA Loan Limits
USDA Income Limitations
USDA Home Loan Guidelines
USDA Loan Information
USDA Updates For 2009
USDA Income Limitations
USDA Home Loan Guidelines
USDA Loan Information
USDA Updates For 2009
Loan Guarantee Program (Section 502)
Under the Guaranteed Loan program, the Housing and
Community Facilities Programs guarantees loans made by private
sector lenders. (A loan guarantee through HCFP means that,
should the individual borrower default on the loan, HCFP will pay
the private financier for the loan.) The individual works with the
private lender and makes his or her payments to that lender.
Under the terms of the program, an individual or family may
borrow up to 100% of the appraised value of the home, which
eliminates the need for a down payment. Since a common barrier
to owning a home for many low-income people is the lack of
funds to make a down payment, the availability of the loan
guarantees from HCFP makes the reality of owning a home
available to a much larger percentage of Americans.
Under the Guaranteed Loan program, the Housing and
Community Facilities Programs guarantees loans made by private
sector lenders. (A loan guarantee through HCFP means that,
should the individual borrower default on the loan, HCFP will pay
the private financier for the loan.) The individual works with the
private lender and makes his or her payments to that lender.
Under the terms of the program, an individual or family may
borrow up to 100% of the appraised value of the home, which
eliminates the need for a down payment. Since a common barrier
to owning a home for many low-income people is the lack of
funds to make a down payment, the availability of the loan
guarantees from HCFP makes the reality of owning a home
available to a much larger percentage of Americans.
