A reader asked us a question recently in the comments section about the HUD Good Neighbor Next Door program. "I am a 13 year veteran Corrections Officer of the Maryland's DCSCS and I wanted to inquire as to whether or not I qualified for the Good Neighbor Next Door Program."The HUD Good Neighbor ...

05/26/2016

FHA Loan Appraisal Rules: A Reader Question About Wells

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A reader got in touch with us recently to ask a question about wells and FHA loan approval. "Is a flow test required on a pre-existing drilled well in order to get financing using FHA? This is in a town where there is no public water and a drilled well is the normal. Well has passed all other tes...

05/20/2016

FHA Loan Credit Score Requirements: Which Score Gets Used?

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How does the lender decide which FICO score to use when processing a borrowers mortgage loan application? This is a common question about FHA mortgage loans, and its not surprising why there is confusion in this area. After all, many borrowers will have three FICO scores, reported from the three ...

05/13/2016

FHA Loan Tools

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If you are in the planning stages of a new home loan, there are plenty of FHA loan tools you can use to help you prepare. The planning stage of your new home loan is just as important as the house hunting, home inspection, and negotiation stages. Do you have the right tools to get started?FHA Loa...

05/05/2016

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