Term: How FHA Loans Work
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What the New FHA Mortgage Limits Mean for You

By Steven Shaw on 12/18/2013

What the New FHA Loan Limits Mean for You

The Federal Housing Administration recently announced a reduction in high-cost area loan limits. This reduction comes in accordance with the government’s ongoing effort to retreat from the housing market. Rewind the clock back to 2008, when financial markets were significantly depressed, the economy was on the verge of recession — enter the FHA as the new outlet to support a frail housing sector.

FHA
FHA Loan
FHA mortgage
FHA Mortgage Limits
How FHA Loans Work
How to Qualify for an FHA Loan

Bad Credit? Getting an FHA Loan Just Got Easier

By Steven Shaw on 8/26/2013

fha-loan

Homebuyers who lost their homes because of recession-induced employment cuts may be able to return to the housing market sooner than they previously thought.

In an Aug. 15 letter, the Federal Housing Administration (FHA) added economic events to its list of extenuating circumstances and reduced the waiting period between foreclosure and loan qualification from 36 months to 12 months.

FHA
FHA Loan
How FHA Loans Work
How to Qualify for an FHA Loan