The FHA program was created as part of the National Housing Act on June 28, 1934. FHA was created to help stimulate the housing market making loans more accessible and more affordable. The FHA program was created as a result of The Great Depression to help anyone including families, the elderly, people on disability and lower-income families be able to buy a home.
After the financial crisis of 2008 all the major banks raised their credit standards for approving FHA loans. Because the banks make the rules for loans they will approve, they may require a minimum credit score of 640 for their loans. These guidelines are the bank’s guidelines.
FHA Home Mortgage Loans
Mortgage Loan Application Checklist
Best FHA Mortgage Lenders
FHA 203k Mortgage Loan
FHA Cash Out Refinance
FHA Reverse Mortgage
Best FHA Mortgage Brokers
FHA Mortgage Loan Application
FHA Mobile Homes Mortgage Loans
FHA VS Conventional Mortgage
FHA Home Mortgage Loan Calculator
15 Year FHA Mortgage Rate
30 Year FHA Mortgage Rate
FHA Down Payment Assistance Programs
Grants and Programs To Help Home Buyers Afford a Mortgage
FHA Home Mortgage Loan Requirements
FHA Loan Credit Score Requirements
FHA Loan Down Payment Requirements
FHA Mortgage Qualifications
FHA Home Mortgage Loan Application Process
FHA Mortgage Underwriting Process
FHA Mortgage Insurance Premium
FHA Mortgage Payment Calculator
FHA Mortgage Calculator with Taxes and Insurance
Important Parties and Relationships Involved When Buying a Home
FHA Home Mortgage Closing Costs
2020 FHA Loan Closing Costs and Down Payment Requirements
FHA Closing Costs Breakdown
Sources of Down Payment for Home Purchase with FHA Loans vs Other Loans
FHA Closing Costs Calculator
Maximum Seller Credit on FHA Mortgage Loan
FHA Home Mortgage Loan (Frequently Asked Questions)
How much money do you have to make to qualify for a FHA loan?
What is a FHA mortgage?
How to remove FHA mortgage insurance premium?
What is private FHA mortgage insurance?
How can I refinance my FHA mortgage loan?
What is a FHA 203k mortgage loan?
What are the current FHA mortgage rates?
How much is FHA mortgage insurance?
What are FHA Upfront Mortgage insurance premiums?
How to get rid of FHA mortgage insurance?
How do I apply for an FHA mortgage loan?
How much mortgage can I qualify for FHA?
How do I get an FHA mortgage pre approval letter?
What is the difference between FHA and Conventional mortgage?
Can FHA Closing Costs Be Financed?
With an FHA Mortgage Loan, Can the Seller Pay the Buyer’s Closing Costs?