FHA home loans are known for having relatively low credit score and down payment requirements, but many people don't realize there is more than one type of these loans. While the most common — the FHA ...

The Federal Housing Administration (FHA) announced late last week that the previously detailed updates and expansions to its 203(k) Rehabilitation Mortgage Insurance Program will be incorporated into ...

Envoy Mortgage has expanded its FHA 203(k) loan product offerings to include a full 203(k) loan option, which gives borrowers an unrestricted window to cover the costs of renovation and repair on a ...

The Federal Housing Administration (FHA) recently finalized enhancements to its 203(k) rehabilitation mortgage loan program in Mortgagee Letter 2024-13. This action follows the FHA proposing ...

The U.S. Department of Housing and Urban Development (HUD) on Tuesday announced that it has published updated policies for its 203(k) Rehabilitation Mortgage Insurance Program, in an effort to ...

I’ve been going back over old posts about 203K loans and the reviews are mixed, to say the least! Was wondering if anyone currently in the trenches had any new updates or advice. We’re currently ...

FHA loans make homeownership more accessible for first-time homebuyers. If you have a lower credit score or minimal funds available for a down payment, these loans could also be ideal, as the lending ...

The Homes for Heroes program is for teachers, firefighters, EMS personnel, law enforcement officials, health care ...

Academy Mortgage Home Loan Corporation has appointed mortgage banker Joe Adamaitis as the state of Florida’s FHA 203k representative. Joe was chosen through a company-wide selection process and will ...

Andy Thaw - VP of Renovation Lending / Industry Education ...

I am a long time reader, and first time poster. We would love some input from anyone who has experience with an FHA 203(k) loan. We are buying a mixed use building and our mortgage broker came up with ...

FHA 203(k) loans provide funding to finance both a home's purchase and the cost of repairing it. If you qualify, you can obtain one from an FHA-approved lender. This type of loan is reserved for ...