Timely news, information and advice concentrating on FHA, VA and USDA residential mortgage lending.

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Articles in Category: Hope for Homeowners

December 24, 2010

Rights and Obligations When Participating in HOPE for Homeowners

By Bruce Reichstein

There are several ways you may learn about qualifying and participating in HOPE for Homeowners. You can discuss HOPE with your existing lender to see if you qualify, but you can also discuss HOPE arrangements with a new lender. If you are working with a loan counselor, HOPE may be suggested as an option. No matter how you learn about HOPE for Homeowners, there are several requirements, rights and responsibilities you should know before committing to refinancing with an FHA home loan under the HOPE program.

 

July 6, 2010

Why Should I Consider an FHA Loan?

By Bruce Reichstein

There are plenty of reasons to consider an FHA loan.FHA insured home loans can be used for a variety of properties and purposes. Those who apply and qualify for FHA loans can purchase a home for up to four families, a condo or even a manufactured home on a permanent foundation.