Before you start the FHA loan process, you'll need to have some information at hand for all loan applicants.
The FHA loan checklist includes information that is necessary to get your FHA mortgage started.


 30 Year Fixed

 No Points
 Low Interest
 Best APR
 
15 Year Fixed

No Points
Low Interest
Best APR





GET an FHA LOAN
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What is an FHA Loan?
FHA Home Purchase
HUD Refinance
FHA Streamline


FHA LOAN TYPES
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overview
FHA Fixed Rate
FHA Adjustable Rate
Graduated Payment
Growing Equity
Energy Efficient
Condominium


FHA PROGRAMS
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overview
Nehemiah
HART
AmeriDream
Partners in Charity
Consumer Debt Solut.


FHA GUIDELINES
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FHA Lending Limits
FHA Closing Costs
Mortgage Insurance
Debt to Income Ratios
HUD Credit Issues
HUD Loan Checklist
Down Payment Grants

then then


FHA LOAN CHECKLIST

Before you start the loan process, you'll need to have some information at hand for all loan applicants:
  1. Social Security numbers
  2. Residence addresses for the past two years
  3. Names and addresses of your employers over past two years
  4. Your current gross monthly salary
  5. Names, addresses, account numbers and balances on all checking and savings accounts
  6. Names, addresses, account numbers, balances and monthly payments on all open loans
  7. Addresses and loan information of other real estate owned
  8. Estimated value of furniture and personal property
  9. Certificate of Eligibility and DD-214, (for veterans only)
  10. W2's for the past two yars and current check stubs
  11. For self-employed individuals, you will need to provide personal tax returns for the past two years, current income statement and balance sheet for the business
In addition, you will need to pay for a credit report and appraisal of the property.


Now is the time for an
FHA HOME LOAN



PROPERTY LOCATION


LOAN PURPOSE




FHALoan.com is a private mortgage company specializing in fha home loans and is not associated with the federal government or HUD / FHA.

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FREQUENT FHA HUD QUESTION # 1   [ -more questions- ]
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Q: How does purchasing a home compare with renting?
A: The two don't really compare at all. The one advantage of renting is being generally free of most maintenance responsibilities. But by renting, you lose the chance to build equity, take advantage of tax benefits, and protect yourself against rent increases. Also, you may not be free to decorate without permission and may be at the mercy of the landlord for housing. Owning a home has many benefits. When you make a mortgage payment, you are building equity. And that's an investment. Owning a home also qualifies you for tax breaks that assist you in dealing with your new financial responsibilities- like insurance, real estate taxes, and upkeep- which can be substantial. But given the freedom, stability, and security of owning your own home, they are worth it.





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