The FHA Section 203(h) program allows The Federal Housing Administration (FHA) to provide home financing to victims of a major disaster who have had their homes substantially damaged or flooded. The recent Hurricanes like Helene and Debbie have devastated many parts of Florida, Georgia, Tennessee, and the Carolinas. The FHA …Read More
FHA Home Loan News, Tips & Information
Virginia FHA Loans Provide the Keys to Homeownership
Buying a home is a dream for many, but it can feel out of reach, especially if you’re a first-time homebuyer. If you’re navigating the housing market, you’ve likely heard about FHA home loans. The FHA mortgage remain the most popular home financing option for first-time buyers in Virginia. The …Read More
Lowest Down Payment Jumbo Loans
Buying a new home is an exciting but sometimes daunting task, particularly when dealing with higher-priced properties that require a jumbo mortgage. If you’re a homebuyer aiming for the lowest down payment on a jumbo loan, this guide will provide some valuable insight. Here, we will detail the various factors …Read More
Revised 2024-2025 Hometown Heroes Program Income Limits
The revised Hometown Heroes program income limits were just announced and now include even more homebuyers. The newly increased household income caps are listed below and will be in effect for the reminder of 2024, and likely most of 2025. Mortgage down payment is often the primary barrier for first-time …Read More
Florida FHA Home Loan Mortgage Requirements
FHA home loans remain one of the most popular mortgage programs for Florida homebuyers. Limited down payment, flexible credit guidelines, and low interest rates are just a few of the FHA advantages. One of the biggest benefits of an FHA loan is the low down payment requirement. While most …Read More
Denver 95% Jumbo Financing Programs Revised
Many Denver home buyers today require higher loan amounts, not offered through FHA or Conventional mortgage programs. Additionally, many of these buyers do not have the 20% down payment required by most lenders and banks for their jumbo loans. Qualified buyers in Colorado now have new Jumbo financing solutions up …Read More
95% Jumbo Home Financing Las Vegas
95% Jumbo loans are back in Las Vegas. This is great for home buyers who need to borrow more than the conventional or FHA loan limits permit but have a limited down payment. The current 2024 conventional loan limit in Nevada is $766,550. FHA loans are capped at $498,257 in …Read More
Dallas Jumbo Home Loans With Min Down Payment
Financing a luxury home in the Dallas / Forth Worth area usually meant coming up with a relatively large down payment. Some buyers don’t like to pull out such a large amount from their investment portfolio and tie up those funds in a real estate transaction. In Texas, any mortgage …Read More
Austin, Travis County Jumbo Loan Changes
Some new loan updates have recently come out for Austin home buyers that require Jumbo home financing. The new programs are allowing greater down payment flexibility, in some cases up to 95% financing. In this post we will look at all the latest updates homebuyers will want to know. First, …Read More
5 Percent Down Jumbo Financing in Louisville
Homebuyers in Louisville have more options today to leverage their home purchase, and retain their cash savings instead of making a huge down payment. In the past, most jumbo financing options would require 20% or more down payment. But today, options are available up to 95% financing. In Kentucky, a …Read More