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Home Renovation Loan Options for 2025

The Mortgage Report

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? How do I get a renovation loan? Ready to get started?

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The Best Mortgage Blogs From 2017 | Advice For Home Financing

Rochester Real Estate

While this type of loan is a good option for many real estate consumers, I believe there are several quirks all buyers should know about and understand if they are considering an FHA loan. Did you know if you file a Chapter 13 bankruptcy, you can immediately apply for an FHA loan? Happy house hunting!

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What Are The Best Mortgage Options for Self Employed Borrowers?

Rochester Real Estate

Minimum Credit Score Requirement Credit scores play a major role in all types of loans including conventional and government mortgages. A good loan officer will have a feel for this during your initial discussions. Learn about some of the PROs and CONs of FHA mortgages here!

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Next on the road map: Candor automates underwriting for FHA loans

Housing Wire

Mortgage tech firm Candor Technology has expanded its Loan Engineering System (LES) to include Federal Housing Administration (FHA) loans. The company now fully automates underwriting decisions for FHA loans — minus collateral – and also offers a warranty on income calculations and cleared conditions for funded FHA loans.

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Open Mortgage has FHA direct endorsement authority terminated in Iowa

Housing Wire

Following the decision, FHA loans already underwritten and approved by a Direct Endorsement underwriter, as well as cases with a firm commitment issued by HUD, may be submitted for insurance endorsement. Cases in the early stages may be transferred to other lenders with an FHA approval.

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NAF taps Mosi Gatling for newly created executive role

Housing Wire

Based in Las Vegas, Gatling has worked for companies such as Bank of America , MetLife Home Loans , Home Community Mortgage and Guild Mortgage , developing expertise in loans to underserved communities. This role offers me a platform to be more than just a loan officer,” Gatling said in a statement. were FHA loans.

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‘Find buyers before agents!’ Mortgage industry reacts to the NAR settlement

Housing Wire

Loan officers and mortgage executives expect home sellers and homebuyers to negotiate more aggressively on commission paid to buyer agents, potentially bringing costs down. And under existing FHA rules, sellers can contribute up to 6% in concessions to FHA borrowers to cover closing costs, prepaid expenses and discount points.