Tips on How to Get an FHA-Insured Mortgage

March 16th, 2009 § 0

fhaWhile it has become significantly harder to get a loan these days, and even if borrowers who are capable of making only small down payments are experiencing tougher odds, the Federal Housing Authority still offers 3.5% down loans to qualified applicants.

The FHA has received an impressive number of applications—it has helped 630,000 successful applicants to purchase homes in 2008, while most these borrowers have taken the low-down payment loans.

Here are some helpful tips on how to get an FHA-insured mortgage: » Read the rest of this entry «

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