April 25, 2012
The FHA and Department of Housing and Urban Development offer plenty of programs to help potential FHA borrowers learn about the process of finding a suitable property, understand the FHA loan application process, and much more.
The FHA offers housing counseling referrals, links to FHA loan calculators, and provides a list of home buying programs offered in each state.
But what about resources for those who haven’t gotten to the planning stages for an actual FHA home loan? What does the FHA offer to people who simply want to do research about FHA mortgage loans, buying a home, and becoming a home owner?
There are a wide variety of resources available, but the FHA and HUD have offered some newer ones designed for people on the go, who want to learn more about the process without doing hours of research. There are some excellent introductory videos produces by FHA/HUD available on the official HUD YouTube channel (HUDChannel) that give an overview of many aspects of house hunting, applying for a home loan and much more.
One of these, Shopping For A Home, is an excellent way to begin an education about home buying, working with a real estate agent, finding a home you can afford, and more.
This video is one of a series that includes topics like closing the deal, and home inspections. This video is made available from the FHA/HUD via YouTube and there are plenty of other titles to see in their collection, all linked to from the official site.
Do you have questions about the FHA loan process? Ask us in the comments section.
Joe Wallace has been specializing in military and personal finance topics since 1995. His work has appeared on Air Force Television News, The Pentagon Channel, ABC and a variety of print and online publications. He is a 13-year Air Force veteran and a member of the Air Force Public Affairs Alumni Association. He was Managing editor for www.valoans.com for (8) years and is currently the Associate Editor for FHANewsblog.com.
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