FHA Loan Guidelines
What Is the Federal Housing Administration? The Federal Housing Administration or FHA is the governmental body that insures mortgages for loans made by lenders approved by the FHA. Qualifying loans are those that require borrowers to place at least 3.5 percent as a down payment rather than the 20 percent that lenders usually charge. These […]
11 Ways To Get the Lowest Mortgage Rate
11 Ways To Get the Lowest Mortgage Rate 1.) Raise Your Credit Scores One of the best ways to get a low mortgage rate is to have the highest credit scores possible. If you are going to have high credit scores, you must pay all of your bills on time. If you have been doing […]
