What is CalFHA First time Home Buyer Assistance

What is CalFHA First time Home Buyer Assistance

The state of California is one of the most expensive places to live in the USA. While this is not the case for all of California, most areas in the state continue to be High-Cost, meaning living in these areas costs a lot of money. Of course, the benefit of living in...
FHA Loans: How to qualify for an FHA Home Loan?

FHA Loans: How to qualify for an FHA Home Loan?

FHA Loan: What You Need to Know What is an FHA loan? The Federal Housing Administration (FHA) loan is offered to borrowers who accrue a minimum credit score of 580 while the minimum down payment offered is 3.5%. This type of loan is popular among homebuyers who are...
FHA Loans: FHA vs. Conventional Loans?

FHA Loans: FHA vs. Conventional Loans?

FHA loans permit lower credit scores when compared to conventional loans. It is also easier to qualify for an FHA home loan. With conventional loans, the down payment requirement is slightly lower than an FHA loan. Conventional mortgages are not insured by a federal...
FHA Loans: What is an FHA Cash Out Refinance Home Loan

FHA Loans: What is an FHA Cash Out Refinance Home Loan

What Is an FHA Cash-Out Refinance? An FHA cash-out refinance allows borrowers to tap into their home’s equity. To qualify, 12 months of consistent on-time payment is required. An FHA cash-out refinance lets you tap into your home’s equity. The cash-out program...
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