Frequently Asked Questions
is an FHA home loan?
FHA home loan is
a real estate mortgage. This home loan is insured by
the government or the 'FHA'
(Federal Housing Administration)
. Since the FHA
insures these mortgages, lenders can work with borrowers
even when they've had credit problems, accounts forwarded
to collections, past bankruptcy filings, or debt-to-income
ratios that are higher than normally allowed.
Q: Can I get an FHA Mortgage?
A: More people qualify for
FHA mortgages than for conventional
mortgages. To find out if you qualify, complete one
of out online applications, or contact our office to
speak with an FHA Mortgage
A: Single family
houses, duplexes, triplexes, 1-4 unit primary residences,
approved condominiums, double-wide manufactured homes,
and modular or pre-cut housing are all eligible.
Q: Isn't it more difficult
to qualify for an FHA mortgage than a conventional loan?
A: Actually, it's just the opposite. As of January of
2013, the FHA
has eliminated most of the barriers to a property qualifying.
An FHA Home Loan
is now the easiest method to purchase or refinance a
Q: How much
can I borrow?
A: Our FHA Mortgage Specialists
will help you determine how much you can spend on your
new home, or refinance your existing home. . FHA limits
vary by state; click here to check your
Local FHA Limits.
Q: How long does the FHA Loan
A: It takes an average of
14 days from the day your application is submitted to
close your mortgage.
Q: Where can I get the FHA
A: Once you complete your
application and speak with one of our
FHA Loan Specialists,
you can complete the rest of the process by phone,
fax, mail, and e-mail. It's that simple!
FHA Loan Information
The FHA does not lend money. The
FHA (Federal Housing Administration) is part
of HUD & backs individual Approved Lenders.
We are not affiliated with the Federal Housing Administration,
the Department of Housing and Urban Development, or
any other government agency. We are an FHA Educational
Our responsibility is to help you find the
best FHA Approved Lender who can help you secure
When you fill in our short application
we will provide your information to one, (and
only one!) FHA Approved Lender
who can help you based upon many factors, including
your Credit Score, your State Location,
and the Type of Loan you apply for
receive free FHA Government Loan .org News Release email.
FHA News & Information