Who qualifies for an fha home loan?

Answer FHA (Federal Housing Administration) is an insurer of mortgages, not a direct lender. Since 1934, it has insured millions of homes. Though an FHA loan is easier to obtain than a conventional loan, ... Read More »

Top Q&A For: Who qualifies for an fha home loan

What Qualifies for a Rural Home Development Loan?

The U.S. Department of Agriculture (USDA) sponsors programs for rural home loans through its Rural Development arm. The guaranteed and direct loan programs provide funding for low-income individual... Read More »

What kind of home qualifies for the first time home buyer credit?

Home buyers who haven't owned a home in the previous three years can get a tax credit of up to $8,000 on their federal income tax return. For most buyers, the home must be under contract by April 3... Read More »

Is a home equity loan considered a second home loan?

A home equity loan is a secondary mortgage against the equity in your home. The terms of the loan, such as the interest rate and the length of the loan, are normally different from your primary hom... Read More »

Can You Get a Home Equity Loan If You Have a USDA Home Loan?

The United States Department of Agriculture (USDA) has a Rural Development arm offering direct and guaranteed home loans. In each scenario, the USDA offers to assist homeowners with the expense of ... Read More »