Mortgage applications decreased by 1.8% last week, with FHA refinance applications rising 12% due to favorable rates. Despite a decline in conventional and VA applications, FHA's strong performance ...
Federal Housing Administration (FHA) loans are a popular choice for first-time homebuyers and other borrowers who, for a variety of reasons, may have a hard time qualifying for a conventional home ...
Resident Group nabbed a $113.8 million refinancing loan backed by the U.S. Department of Housing and Urban Development (HUD) for a new, luxury multifamily building in Miami’s Edgewater neighborhood.
You can use an FHA loan to buy, build, or renovate a home, or to refinance an existing mortgage. There are stricter limits on the type of home you can purchase with an FHA loan, as well as how much ...
No matter how large your down payment, FHA loans require borrowers to pay an upfront mortgage insurance premium (MIP) at closing, as well as an annual MIP for at least 11 years. You can use an FHA ...