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What Are The Steps Involved In The FHA Loan Process?

by Net Sheet Calculator | Sep 10, 2019 | Federal Programs

The video puts this in more visual terms, but with the exception of a few additional forms the FHA loan application process is similar to that of a conventional loan. With new automation measures FHA loans may be originated more quickly than before. And, if you...

What Responsibilities Do I Have During The Lending Process?

by Net Sheet Calculator | Sep 10, 2019 | Financing:

To ensure you won’t fall victim to loan fraud, as you’ll see in this video, be sure to follow all of these steps as you apply for a loan: Be sure to read and understand everything before you sign. Refuse to sign any blank documents. Do not buy property for...

What Should I Look Out For During The Final Walk-Through?

by Net Sheet Calculator | Sep 10, 2019 | Selecting:

Well, as this story shows, this will likely be the first opportunity to examine the house without furniture giving you a clear view of everything. Check the walls and ceilings carefully as well as any work the seller agreed to do in response to the inspection. Any...

What Types Of Closing Costs Are Associated With FHA-Insured Loans?

by Net Sheet Calculator | Sep 10, 2019 | Federal Programs

While this video simplifies things to help you remember, except for the addition of an FHA mortgage insurance premium, FHA closing costs are similar to those of a conventional loan. As of 2013, the FHA requires a single, upfront mortgage insurance premium equal to...

How Can The FHA Assist Me In Buying A Home?

by Net Sheet Calculator | Sep 10, 2019 | Federal Programs

Remember these points from the video:the FHA works to make homeownership a possibility for more Americans. With the FHA, you don’t need perfect credit or a high-paying job to qualify for a loan. The FHA also makes loans more accessible by requiring smaller down...
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