Does an appraisal typically required for an FHA Streamline Refinance? Do you need to have a good payment history to qualify for an FHA Streamline Refinance?
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what is an fha loan Informational
- What are the loan-to-value (LTV) requirements for MIP cancellation on different types of FHA loans? If you refinance your FHA loan, will you have to pay the upfront MIP again?
- What types of payments are typically included in an FHA loan escrow account?
- How does the loan assumption process work with an FHA loan if the original borrower sells the property? What are the requirements for a buyer to assume an existing FHA loan?
- When can you request to have the annual MIP removed from your FHA loan?
- What are some potential challenges or considerations to keep in mind when using an FHA 203(k) loan? How can an FHA Energy Efficient Mortgage help homeowners make energy-saving improvements and potentially reduce their utility costs?
- How does an FHA Home Equity Conversion Mortgage (HECM) differ from a traditional forward mortgage?
- What are the requirements you typically need to meet to be granted an FHA forbearance? How is the mortgage insurance premium (MIP) calculated on your FHA loan?
- What types of properties are eligible for FHA financing? Can you use an FHA loan to purchase a multi-unit property?
- Can you use an FHA loan to purchase a manufactured home or mobile home? What are the specific requirements and guidelines for FHA financing of manufactured homes?
- How does identity theft or fraud affect FHA loan applications?
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