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You are here: Home / Archives for FHA

When does an FHA Streamline Refinance Make Sense?

October 26, 2021 by Patrick Jones

The FHA streamline refinance isn't right for everyone, but if rates significantly dropped or you can afford a fixed-rate loan and want out of an ARM, it can make sense. If you'll stay in the home for the foreseeable future, you can either save money on interest or have a more predictable payment.

Filed Under: Mortgage Tagged With: ARM, FHA, Fixed-Rate

What is an FHA Streamline Refinance?

October 19, 2021 by Patrick Jones

FHA borrowers have an exceptional program available to them called the FHA streamline refinance. It's a simple way to get a lower mortgage payment and/or lower rate, but it's not for everyone.

Read this guide to learn all about FHA streamline refinance and how it works.

Filed Under: Mortgage Tagged With: FHA, Mortgage, Mortgage Insurance

Borrowers With Student Loans Might Have An Easier Time Qualifying For An FHA Loan

September 28, 2021 by Patrick Jones

In the past, a lot of potential borrowers were declined for FHA loans due to the presence of student loans. Now, the Biden Administration along with the FHA has eased a lot of their regulations surrounding student loans, making it easier for borrowers with student loans to qualify for a home loan.

Filed Under: Mortgage Tagged With: FHA, Mortgage, Student Loans

FHA Cash-Out Refinance – Are You Eligible?

July 28, 2021 by Patrick Jones

If you have equity in your home, you may wonder how you can access it. You don't want to sell your home, but you know you've earned a profit from it.

We have many options to secure your home's equity, one of which is the FHA cash-out refinance. Unlike the FHA streamline refinance, you don't have to be a current FHA borrower. As long as you meet the requirements below, you can use an FHA loan to cash into your home's equity.

Filed Under: Mortgage Tagged With: FHA, Mortgage, Refinance

How Are Different Mortgage Lenders Handling Student Loans During the Pandemic?

November 12, 2020 by Patrick Jones

The coronavirus pandemic has had a massive impact on everyone. This pandemic has led to massive economic issues as well. Given the ongoing crisis as it relates to student loan debt, many students are wondering how the pandemic is going to impact their student loans and how their student loans are going to impact a potential mortgage payment. There are a few points to keep in mind.

Filed Under: Mortgage Tagged With: FHA, Mortgage, Student Loans

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