How Much Is FHA Mortgage Insurance in 2025?
FHA mortgage insurance is a good value, allowing buyers break into the housing market with 3.5% down and less-than-perfect credit.
July 8, 2024 6 min read
FHA mortgage insurance is a good value, allowing buyers break into the housing market with 3.5% down and less-than-perfect credit.
Self-employed individuals are eligible for FHA loans. 1-2 years of self-employment may be all you need to qualify.
FHA loans are an excellent option for homebuyers, offering low down payments and flexible credit...
FHA loans make it possible to use rental income from a multifamily home to help you qualify — even if you're a first-time landlord. With the right property and a lender who knows the guidelines, rental income can be a powerful tool to boost your buying power.
You can use an FHA loan to buy a duplex, triplex or fourplex at 3.5% down. Live in one unit and qualify with rental income.
Fannie Mae allows buyers to purchase 2- to 4-unit multifamily homes with just 5% down, making it easier for house hackers and first-time investors to get started. With no self-sufficiency test and the ability to use future rental income to qualify, this program offers a practical path to multifamily homeownership.
Many first-time buyers are surprised by closing costs, often dipping into their down payment savings to cover them. How to find help.
Experts suggest spending no more than 28% of your income on a house payment and 36% on all debts including housing. Is this realistic in today's economy?
We’ve all heard of them, but what exactly is a mortgage, how does it work, and how does it help you become a homeowner?
Check your FHA upfront mortgage insurance refund amount for your new loan with these charts.
