If you are a homebuyer with little to no credit history, a government-backed FHA loan may be able to quickly and easily help you buy a house. If the less strict requirements of an FHA loan appeal to you, then continue reading to find out exactly how to get an FHA loan when you are limited by lower credit.
Tips for first-time homebuyers in the market.
Using your IRA to purchase a residence is possible and easy if you understand how it can affect you in the short term and long term.
Whether you're interested in an FHA loan or not, the words 'FHA mortgage insurance requirements' may seem like a bit of a mystery. There are likely some 'hows and whys' you may want to know more about.
Buying a home is like many dreams, it requires planning, foresight, and hard work. Owning a home is one of the few dreams that requires you to qualify for a mortgage though. Qualifying for a home loan often hinges on two key factors: the borrower's debt-to-income ratio (DTI) and their credit score.