When you are looking at the different loans available to buy or refinance, it can be confusing.  Over the past year there have been many changes in the underwriting guidelines for all mortgages.  FHA has become a very well loved choice for many home buyers.  Let’s take a look at the basic differences between an [...]

FHA mortgage and FHA home loans in Florida
 Other FHA loan Advantages Include:
Minimal Down Payment and Closing Costs.
Down payment less than 3.5% of Sales Price Gift for down payment and closing costs allowed. No reserves or required. FHA regulated closing costs. Seller can credit up to 6% of sales price [...]

FHA mortgage loans for Buying a Florida Home or FHA home loans to Refinance is simple with FHA mortgage Programs.com FHA home loans allow first time home buyers and current home owners buy a home with less than 3.5% down or FHA home mortgage refinance up to 96.5% of the homes value. Research FHA loan [...]

Okay so long tale small, we bought our first home with FHA and due to certain circumstances, had to go in with my parents. Instead of selling thehouse, we rented it out. We are now looking to buy a home for us that is on the market but in order to get the loan without [...]

I have a 276k loan with 6.75 apr, conventional loan.
I went to bofa to try to refinance. They said i can do it only with an fha loan at 5.25
Savings per month are 260$, The house can be apraised for 300k
I know with fha loans u pay the full amount of pmi.
Is it excellent or [...]

I bought my house in 2007 with an FHA loan. I believe the terms of the loan state that the house must be my primary residence for 5 years before selling it or refinancing.
I want to buy a condo and relocate to New York in the next 3 years. I’m saving [...]

Here’s the tale, I cosigned for a friend for her home since she would not qualify for a mortgage on her own. The agreement was she was supposed to remove me from the mortgage after one year by either refinancing or selling the home for profit. Well now it’s been 5 years and she [...]

hi, my husband and I just recently got married last year and he has 6 kids of his own and I have 3 kids of mine. So needless to say that we need a larger house. The house we have now we are going to rent out (already found tenants). My husband already [...]

Can you refinance a conventional loan to a FHA loan?
Thank You

Tags: conventional loan, fha loan, Refinance with FHA

Hello, I’ve recently made a home buy and will be closing on my new home in about three weeks. Since my credit score wasn’t high enough to qualify me for a conventional loan, but income was, the builder’s finance company was able to approve me for an FHA loan since it was also my [...]