FHA Loans

The Federal Housing Administration (FHA) is a federal agency within the U.S Department of Housing and Urban Development (HUD). FHA's primary objective is to assist in providing housing opportunities for low to moderate income families. FHA has both single family (1-4 unit homes) and multi-family (5 or more units) mortgage lending programs. The agency does not generally provide the funds for the mortgages, but rather insures home mortgage loans made by private industry lenders such as mortgage bankers, savings and loans and banks.

Are you Owed an FHA Refund?
If you've ever paid off a home loan backed by FHA, you may have money owed to you.

Is there a Loan Limit on FHA?
FHA Maximum Loan Amounts are set by HUD for every county in the United States. Find the maximum loan amount for your county.

Is Mortgage Insurance Required On FHA Loans?
FHA is a goverment insured program with a unique mortgage insurance programs. Although not as expensive monthly, you have an upfront MIP fee.

Can I Use Gift Funds for the Downpayment?
One of the most popular aspect of FHA financing is the ability to receive your downpayment as a gift. It just needs to be from a relative.

What are the Rules Regarding Bankruptcy?
FHA may have the most lenient policies towards bankruptcy, but you still must have a valid reason and re-established credit.