The Mortgage Report

AUGUST 5, 2025

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 Much Home Can I Afford?

FHA 203k rehab loan

Rochester Real Estate

NOVEMBER 5, 2015

If your credit score falls below this threshold, you might still qualify for a Federal Housing Administration (FHA) loan, which allows for a minimum credit score of 500. It’s possible to get a conventional loan for as little as 3% down, and an FHA loan for 3.5%

Loans

Redfin

JULY 31, 2025

Loan types for first-time homebuyers include: Conventional Loan: Offers flexible down payment options as low as 3% with private mortgage insurance (PMI). These require a higher credit score and must fall within conforming loan limits. FHA Loan: Designed for buyers with lower credit scores. These require just 3.5%

Purchase and sale agreement

HomeLight

MAY 14, 2025

Prioritize a cash offer if you receive one On occasion, conventional lenders may even finance a fixer-upper property sold as is , and its not impossible to finance a fixer-upper with an FHA loan. Theyre concerned about finding a buyer willing to purchase their home as is in its current state.

As-is

HomeLight

MAY 15, 2025

Prioritize a cash offer if you receive one On occasion, conventional lenders may even finance a fixer-upper property sold as is , and its not impossible to finance a fixer-upper with an FHA loan. Theyre concerned about finding a buyer willing to purchase their home as is in its current state.

As-is

Rochester Real Estate

NOVEMBER 5, 2015

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!

Finance

HomeLight

JULY 23, 2025

If your house complies with FHA, it complies with most other lenders’ requirements. Prioritize a cash offer if you receive one In some cases, conventional lenders will finance a fixer-upper sold “as is,” and it’s even possible to use an FHA loan for one.

As-is

HomeLight

MARCH 7, 2025

This could be a well-staged, well-priced home, but because it’s priced so well, they dont want to deal with the hassle of fixing anything. These homes are often marketed with professional photos, staging, and competitive pricing. Maybe the seller is elderly, moving, or relocating, and they know their home is marketable.

As-is

HomeLight

APRIL 2, 2025

Wu gives the example of virtual staging, suggesting that it is best used when the home is empty but may still need some work. Get Started Do ever-so-light preparations Even for as-is home listings in Hawaii, Wu typically recommends professional photographs and cleaning the property, as well as staging. I think the photos are important.

As-is

HomeLight

MARCH 7, 2025

Prioritize a cash offer if you receive one On occasion, conventional lenders may even finance a fixer-upper property sold as is , and its not impossible to finance a fixer-upper with an FHA loan. Theyre concerned about finding a buyer willing to purchase their home as is in its current state.

As-is

HomeLight

MAY 8, 2025

Prioritize a cash offer if you receive one On occasion, conventional lenders may even finance a fixer-upper property sold as is , and its not impossible to finance a fixer-upper with an FHA loan. Theyre concerned about finding a buyer willing to purchase their home as is in its current state.

As-is

Marco Santarelli

MAY 20, 2025

For instance, will it be as easy to find information on FHA loans with downpayment assistance if they aren't Rocket's prime offerings? Tech Takes Center Stage: The focus on AI and data analytics by Rocket and Redfin could set a new industry standard. This is something to watch. Less Choice, Higher Prices?

Mortgages

Rochester Real Estate

NOVEMBER 5, 2015

Other Mortgage Programs for Self Employed Borrowers These great programs are also available to you if you can qualify based upon the net income on your tax returns: FHA Loan For individuals who like the idea of only putting 3.5% Learn about some of the PROs and CONs of FHA mortgages here!

Mortgages

HomeLight

MARCH 12, 2025

Prioritize a cash offer if you receive one On occasion, conventional lenders may even finance a fixer-upper property sold as is , and its not impossible to finance a fixer-upper with an FHA loan. Theyre concerned about finding a buyer willing to purchase their home as is in its current state.

As-is

HomeLight

MARCH 3, 2025

Prioritize a cash offer if you receive one On occasion, conventional lenders may even finance a fixer-upper property sold as is , and its not impossible to finance a fixer-upper with an FHA loan. Theyre concerned about finding a buyer willing to purchase their home as is in its current state.

As-is

HomeLight

MARCH 19, 2025

Prioritize a cash offer if you receive one On occasion, conventional lenders may even finance a fixer-upper property sold as is , and its not impossible to finance a fixer-upper with an FHA loan. Theyre concerned about finding a buyer willing to purchase their home as is in its current state.

As-is

HomeLight

MARCH 14, 2025

Prioritize a cash offer if you receive one On occasion, conventional lenders may even finance a fixer-upper property sold as is , its not impossible to finance a fixer-upper with an FHA loan. Theyre concerned about finding a buyer willing to purchase their home as is in its current state.

As-is

HomeLight

MARCH 21, 2025

Prioritize a cash offer if you receive one On occasion, conventional lenders may even finance a fixer-upper property sold as is , and its not impossible to finance a fixer-upper with an FHA loan. Theyre concerned about finding a buyer willing to purchase their home as is in its current state.

As-is

Housing Wire

OCTOBER 9, 2024

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.

FHA loan

Housing Wire

DECEMBER 21, 2023

While delinquencies remain low overall, the number of delinquent loans ticked up in November, according to the latest ICE Mortgage Monitor report. Furthermore, the delinquency rate among FHA loans is at a nine-year high, and will be worth watching closely in 2024, the report said.

Mortgages

Housing Wire

FEBRUARY 23, 2024

Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. The question I posed to all of you is, ‘Is this a blip or a bigger trend?'”

Industrial

Housing Wire

JUNE 11, 2024

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.

FHA loan

Housing Wire

AUGUST 15, 2024

The MBA reported that mortgages in all stages of delinquency rose by 3 basis points (bps) on a quarterly basis but were 60 bps higher compared to Q2 2023. On an annualized basis, late-payment rates increased 35 bps for conventional loans, 165 bps for Federal Housing Administration (FHA) loans and 93 bps for U.S.

Mortgages

Housing Wire

NOVEMBER 7, 2024

Surveyed loan types include Federal Housing Administration (FHA) loans, U.S. Department of Veterans Affairs (VA) loans and conventional loans. FHA loans had the largest delinquency rate decrease in the third quarter, falling by 14 basis bps to 10.46%.

VA loan

Housing Wire

FEBRUARY 16, 2023

Delinquency rates — which includes loans that are at least one payment past due but does not include loans in the foreclosure process — rose across all loan types and stages of delinquency. The FHA loan delinquency rate rose the most by a whopping 209 bps to 10.61% in the fourth quarter from the previous quarter.

Mortgages

Housing Wire

FEBRUARY 27, 2024

were conventional loans and 30.5% were FHA loans. HousingWire reported on the late-stage negotiations in January. This included news that most of last year’s top-producing loan officers at DKMC were not transitioning to NAF, according to multiple sources and publicly available data. Of the total, 53.6%

FHA loan

Housing Wire

AUGUST 23, 2024

Michiels: So, at this stage, every real estate agent knows. We move forward, we buy a home and the seller is offering 1% toward commission at that stage. But at the end of the day, this is the reality of the real estate world, and the occasion of right and wrong is sort of irrelevant at this stage now.

FHA loan

Housing Wire

DECEMBER 29, 2022

People who buy homes late in an expansion and lose their jobs with no selling equity will likely lead to a foreclosure, most likely those with FHA loans. However, we are in the early stages of housing permits getting hit, and many housing jobs were lost in 2022 due to the decline in demand for homes.

Marketing

Housing Wire

MARCH 15, 2024

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.

Industrial

Housing Wire

JUNE 6, 2022

Smith said in the first quarter of 2022, 9.58% of FHA’s borrowers were in some stage of delinquency and this new tool will “help these borrowers sustain homeownership or help ease their transition.”. Join us and our distinguished panelists for a lively discussion on this topic! Presented by: Stavvy.

Loans

Calculated Risk Real Estate

MAY 16, 2024

The percentage of loans on which foreclosure actions were started in the first quarter remained unchanged at 0.14 “Overall mortgage delinquencies increased slightly in the first quarter of 2024, but not across all three of the major loan types. By stage, the 30-day delinquency rate increased 15 basis points to 2.25

VA loan

RIS Media

MAY 9, 2022

Key findings: Compared to last quarter, the seasonally adjusted mortgage delinquency rate decreased for all loans outstanding. By stage, the 30-day delinquency rate decreased 6 basis points to 1.59%, the 60-day delinquency rate remained unchanged at 0.56%, and the 90-day delinquency bucket decreased 48 basis points to 1.96%.

FHA loan

RIS Media

OCTOBER 29, 2020

The Federal Housing Administration (FHA) backs the FHA loans program. FHA mortgage programs are one of the most popular among first-time homebuyers. There are numerous benefits to FHA loans. If you are a veteran or currently serving, the VA loans program offers great terms. Finding Your New Home.

Pre-approval

Calculated Risk Real Estate

AUGUST 15, 2024

” Added Walsh, “The composition of mortgage delinquencies by stage has evolved. As of the second quarter of 2024, the earliest stage delinquencies – those loans 60 days or less delinquent – accounted for the entire increase from the previous year.

VA loan

Point2Homes

JULY 29, 2021

The final stage in closing on a home involves all of the paperwork: You’ll need to sign disclosures, disclaimers, and contracts before ownership of the home is transferred to you and you get the keys. In 2021, closing times have stretched to 51 days for conventional loans. And, refinancing tends to take even longer.

Closing

RIS Media

JANUARY 3, 2021

There are numerous loan programs available for first-time homebuyers, which means you should familiarize yourself with the ones that are available in your area. Make sure you’re familiar with fixed-rate and adjustable-rate, VA loans and FHA loans because it’s likely that your client is unfamiliar with these programs.

VA loan

Calculated Risk Real Estate

FEBRUARY 8, 2024

. “ While the overall delinquency rate is still very low compared to the historical average, the pace of new loans entering delinquency picked up and some loans moved into later stages of delinquency. ” emphasis added Note that the largest increase in delinquencies has been for FHA loans.

FHA loan