The real story on how to improve credit from an on-the-ground loan officer who works with first-time buyers daily.

FHA loans are backed by the government through the Federal Housing Administration, but individual mortgage lenders set their own preapproval requirements. Our list of the best FHA lenders can help ...

On May 19, it was reported that the FHA’s Office of Single Family Housing (OSFH) archived nearly 600 inactive mortgagee letters after determining ...

An FHA appraisal assesses your home’s market value and condition to determine whether it’s both safe to inhabit and a good investment. You’ll need to pass the FHA appraisal to receive an FHA ...

HUD’s Single Family Housing Policy Handbook details ... homes being considered for FHA financing, whether single or multi-family, must meet minimum property requirements or standards.

At my age, instead of a condom I carry a moist towelette in my wallet. At my age, I run into buffalo wings far more often ...

The FA Handbook for season 2024-25 is available for download below. Please note that The FA Handbook is in the process of being updated to incorporate recently approved changes to a number of sections ...

Natalie toggles between news stories and enterprise reporting to bring timely personal finance topics to readers. Her mission is to help inform people of all financial backgrounds about events ...

Underwriters review detailed information from applications and, using underwriting guidelines and risk models ... is known for its Occupational Outlook Handbook, which provides information ...

Affordability was determined by using standard underwriting guidelines for buyers using a 30-year fixed mortgage, where 30% of income is used for the monthly payment (mortgage, property tax and ...

Founded in 2013, Earnest also stands out for an underwriting approach based on a borrower's earning potential and the financial accounts they connect. Typical Earnest borrowers save money ...