FHA Loans

Title Tip: What Are Non-Allowable Fees on Government-Backed Loans?

By Lydia Blair / July 28, 2020 /

A reader writes: “I have an offer on my house and the buyer is getting a VA loan. Because of this type of loan, my agent says I will have to pay some of the buyer’s closing costs and I’ll make less on my sale. My agent doesn’t know how much those closing costs are…

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Have FHA Loans Lost Their Luster? Changes in Mortgage Lending Make Conventional Loans Now a Better Deal

By Candy Evans / July 18, 2012 /

   For decades, it was a pat answer. If the borrower’s home mortgage application had a little ugly around the edges, push them toward an FHA loan. That’s because FHA loans would accept all of the hard cases that made conventional mortgage lenders turn up their noses. From wee down-payments and less-than-pretty credit to iffy…

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