"However, in practice, most cases of VA loans usually only involve two persons: one veteran and a spouse," says Alexei ...

First-time homebuyers may qualify for mortgages that offer low down payments, lenient credit score requirements or other ...

Federal layoffs may soon come for America’s largest mortgage insurer, a powerful engine of the country’s housing market.

Particularly in competitive markets, FHA buyers can be at a disadvantage because their loans suggest a buyer with a lower credit score or past problems like a foreclosure, she said. “When the ...

As a trusted personal finance writer and mortgage specialist, Maryalene LaPonsie has interviewed hundreds of certified financial planners, CPAs and wealth advisors, and distills their expertise ...

To use this FHA calculator, you will need to know how much you can afford to put down on a home, the minimum down payment you expect to make based on your credit score and the loan term.

Some borrowers might choose to refinance to switch from an adjustable-rate to a fixed-rate mortgage or to tap into their home ...

Today’s average mortgage rate on a 30-year fixed-rate mortgage is 6.87%, down 0.11 percentage point from the previous week, ...

The minimum downpayment required for an FHA home loan is 3.5% if you have a credit score of 580 or higher. Those with lower credit scores may qualify for loans requiring a 10% downpayment.

The Trump administration is planning to lay off at least 40% of the Federal Housing Administration’s (FHA) workers, according to a Bloomberg report.

the office that helps certain homebuyers secure a loan if they can’t afford a down payment or have below-average credit scores, the sources said. It also protects lenders against losses on those ...