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The FHA is making it easier for more people to qualify for an FHA loan and purchase a home!
Great news for FHA loans! The Federal Housing Administration (FHA) recently announced that they are reducing the annual mortgage insurance premiums for FHA loans. This will make it easier for more people to qualify for an FHA loan and purchase a home.
When it comes to making a decision about loaning you a home loan, lenders review three key factors:
Debt to income ratio
Loan to value
Credit history
RealEstate #Mortgages #FHA #HomeLoans #DreamHome #HomeBuying #HomeOwnership #HomeSweetHome #HomeLoan #MortgageLoan #FHAHomeLoan #HomeBuyingJourney #HomeBuyingProcess #HomeBuyingTips #HomeOwners #HomeOwnersLife Meghan Shigo, Realtor Century 21 Award DRE 01243803
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By Rick & MeghanGreat news for FHA loans! The Federal Housing Administration (FHA) recently announced that they are reducing the annual mortgage insurance premiums for FHA loans. This will make it easier for more people to qualify for an FHA loan and purchase a home.
When it comes to making a decision about loaning you a home loan, lenders review three key factors:
Debt to income ratio
Loan to value
Credit history
RealEstate #Mortgages #FHA #HomeLoans #DreamHome #HomeBuying #HomeOwnership #HomeSweetHome #HomeLoan #MortgageLoan #FHAHomeLoan #HomeBuyingJourney #HomeBuyingProcess #HomeBuyingTips #HomeOwners #HomeOwnersLife Meghan Shigo, Realtor Century 21 Award DRE 01243803