The recent wave of foreclosed properties has wrought havoc upon the housing market. These properties have dragged down the prices of neighboring homes as well as increased the number of homes on the ...

FHA home loans are known for having relatively low credit score and down payment requirements, but many people don't realize there is more than one type of these loans. While the most common — the FHA ...

If you’re buying a home in need of some work, you can get the financing for both the purchase and renovation through an FHA 203(k) loan, also known as a rehab loan. This type of FHA loan keeps things ...

The Federal Housing Administration (FHA) recently finalized enhancements to its 203(k) rehabilitation mortgage loan program in Mortgagee Letter 2024-13. This action follows the FHA proposing ...

When you buy a home, there are usually a few repairs to pay for. Buyers who want to take on a real fixer-upper might be facing the prospect of many projects. If this is the case for you, you may be ...

The Federal Housing Administration (FHA) recently proposed enhancements to its 203(k) rehabilitation mortgage loan program. The proposed enhancements are set forth in a draft Mortgagee Letter. FHA ...