ATTENTION REAL ESTATE AGENTS: Are you up to date on FHA’s rules & requirements?

FHA is one of the most commonly used loan programs and a great option for first time buyers, those looking to utilize down payment assistance or anyone looking for a low down payment option to buy a home.

Find out everything you need to know about FHA including:

  • General Eligibility
  • Down Payment, Closing Costs & Prepaids
  • Assets Requirements
    • Acceptable Sources
  • Credit
    • Minimum Credit Scores
    • Minimum Credit Requirements
    • Derogatory Credit Waiting Periods for Foreclosure, Bankruptcy, Judgments and Collections
  • Ratios
    • Housing Ratio
    • Debt-to-Income Ratio (DTI)
    • Acceptable Sources of Income
    • Income Requirements and Restrictions
  • Mortgage Insurance
    • Up-front Mortgage Insurance Premium
    • Annual Mortgage Insurance Premium
    • Removal of MI

Do you have any buyers that would like to buy with a low down payment and/or lower credit scores using FHA? If so, check out this webinar:

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