Housing Wire

NOVEMBER 7, 2023

In the aftermath, one of the most contentious issues in the minds of mortgage professionals is how the ruling might affect FHA and VA mortgage borrowers. FHA loans are a popular option for first-time homebuyers or those who don’t have a lot of cash saved for a down payment, because the loans require a minimum of 3.5%

VA loan 482

VA loan Agents Seller concession FHA loan 482

Housing Wire

MAY 25, 2021

The bill would allow borrowers to finance up to 100% of the acquisition price. Mortgages would be subject to FHA loan limits. percent of the principal, which could be financed, and would not pay a monthly insurance premium. Loan officers, too, sometimes have reservations about government-financed loans.

FHA loan 493

FHA loan VA loan Loans Loan Officer 493

Housing Wire

DECEMBER 3, 2023

in October, also a series high, while the average among FHA and VA loans hit 45.5% for FHA loans and 44.5% for VA loans. Lenders have responded by tightening credit requirements and the average credit score among conventional, FHA and VA loans. and 44.4%, respectively.

Equity 468

Equity VA loan FHA loan Mortgages 468

Housing Wire

JANUARY 10, 2024

The share of Federal Housing Administration (FHA) loan activity decreased to 14.4% The share of Department of Veterans Affairs (VA) loan activity was 16.3%, up from 14.6% Department of Agriculture (USDA) loan activity decreased to 0.4% Purchase applications rose by 6% week over week on an adjusted basis.

Mortgages 511

Mortgages VA loan FHA loan Loans 511

Housing Wire

DECEMBER 15, 2021

decline in applications for government loans. Would-be homebuyers are finding it hard to compete with FHA and VA loans in a purchase market defined by low inventory. The strength in conventional purchase activity continues to support higher loan balances, which moved back over $400,000. the previous week.

VA loan 435

VA loan FHA loan Fixed-rate mortgage Loans 435

Housing Wire

MARCH 25, 2021

You have your conventional loans, FHA loans, VA loans, USDA loans and so on. But there’s another type of loan, not too many people are familiar with that can make the home buying process much easier. Yes, we’re talking about a bridge loan. But, a bridge loan comes with a higher interest rate.

Loans 542

Loans VA loan FHA loan Finance 542

Housing Wire

OCTOBER 25, 2023

The share of Federal Housing Administration (FHA) loan activity inched up to 15.2% The share of Department of Veterans Affairs (VA) loan activity was 10.5%, down from 10.7% the week prior while the share of Department of Agriculture (USDA) loan activity decreased to 0.4% from 14.8% for the week ending Oct.

Mortgages 476

Mortgages VA loan FHA loan Loans 476

Housing Wire

DECEMBER 20, 2023

The share of Federal Housing Administration (FHA) loan activity decreased to 15.5%, down from 16.1% The share of Department of Veterans Affairs (VA) loan activity was 15.6%, up from 14.2% Department of Agriculture (USDA) loan activity remained unchanged at 0.4%. the week prior.

Mortgages 478

Mortgages VA loan FHA loan Loans 478

Housing Wire

DECEMBER 6, 2023

The share of Federal Housing Administration (FHA) loan activity increased to 15%, down from 13.5% The share of Department of Veterans Affairs (VA) loan activity was 12.8%, up from 12.6% Department of Agriculture (USDA) loan activity remained unchanged at 0.5%. of total applications, down from 8.1% the week prior.

VA loan 521

VA loan Mortgages FHA loan Fixed-rate mortgage 521

Housing Wire

OCTOBER 9, 2024

4, Federal Housing Administration (FHA) loans decreased by 40 bps and represented 16.2% Department of Veterans Affairs (VA) loans rose by 150 bps to account for 16.9% The average contract interest rate for 30-year fixed-rate loans with conforming balances ($766,550 or less) jumped from 6.14% to 6.36% during the week.

VA loan 458

VA loan Mortgages FHA loan Loans 458

Housing Wire

NOVEMBER 22, 2023

The share of Federal Housing Administratio n (FHA) loan activity increased to 14.8% The share of Department of Veterans Affairs (VA) loan activity was 11.3%, up from 11.2% Department of Agriculture (USDA) loan activity fell to 0.4% The adjustable-rate mortgage (ARM) share of activity fell to 8.3% the previous week.

VA loan 488

VA loan FHA loan Mortgages Loans 488

Housing Wire

NOVEMBER 15, 2023

The share of Federal Housing Administration (FHA) loan activity decreased to 14.4% The share of Department of Veterans Affairs (VA) loan activity was 11.2%, up from 10.5% Department of Agriculture (USDA) loan activity held at 0.5% Meanwhile, the adjustable-rate mortgage (ARM) share of activity decreased to 8.8%

VA loan 468

VA loan FHA loan Mortgages Loans 468

Housing Wire

OCTOBER 12, 2023

While conforming loans still made up the majority of production at 57% in September, conforming volumes trended well below pandemic levels, according to the report. FHA and VA loan production both gained in activity share to 20.6% Rates for FHA loans averaged 7.18%, VA loans were 7% and jumbo loans were 7.6%.

VA loan 465

VA loan Mortgages FHA loan Loans 465

Housing Wire

NOVEMBER 8, 2023

The share of Federal Housing Administration (FHA) loan activity remained unchanged at 14.7%. The share of Department of Veterans Affairs (VA) loan activity was 10.5%, up from 10.1% while the share of Department of Agriculture (USDA) loan activity remained unchanged at 0.5% of total applications. week over week.

VA loan 468

VA loan Mortgages FHA loan Loans 468

Housing Wire

MARCH 26, 2024

Fannie Mae and Freddie Mac completed 43,903 foreclosure prevention actions in the fourth quarter of 2023, according to a new report published by the Federal Housing Finance Agency ( FHFA ). By comparison, the serious delinquency rate for Federal Housing Administration ( FHA ) loans was 3.42% in Q4 2023. The rate for U.S.

VA loan 488

VA loan FHA loan Short sale Loans 488

Housing Wire

OCTOBER 18, 2023

The share of Federal Housing Administration (FHA) loan activity inched up to 14.8% The share of Department of Veterans Affairs (VA) loan activity was 10.7%, up from 10.2% the week prior while the share of Department of Agriculture (USDA) loan activity held steady at 0.5%. from 14.4% for the week ending Oct.

Mortgages 482

Mortgages VA loan FHA loan Loans 482

Housing Wire

NOVEMBER 1, 2023

Kan added that “[adjustable-rate mortgage] loans increased almost 10% last week and continued to gain share, growing to 10.7% The share of Federal Housing Administration (FHA) loan activity was 14.7%, down from 15.2% The share of Department of Veterans Affairs (VA) loan activity was 10.1%, down from 10.5%

Mortgages 448

Mortgages VA loan FHA loan Loans 448

Housing Wire

NOVEMBER 16, 2021

Regarding product type, conventional mortgage loans reigned supreme, making up 75.7% of loan applications. FHA loans composed 13.5% of applications, while VA loans and USDA loans composed 10.3% and 0.5%, respectively. .

Mortgages 501

Mortgages VA loan FHA loan Construction 501

Housing Wire

MARCH 24, 2023

The Federal Housing Finance Agency (FHFA) released on Thursday its Fourth Quarter 2022 Foreclosure Prevention and Refinance Report, stating that government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac completed 52,469 foreclosure prevention actions in Q4 2022.

Fixed-rate mortgage 459

Fixed-rate mortgage VA loan FHA loan Loans 459

Housing Wire

OCTOBER 11, 2023

The share of Federal Housing Administration (FHA) loan activity inched down to 14.4% The share of Department of Veterans Affairs (VA) loan activity was 10.2%, up from 10.1% the week prior while the share of Department of Agriculture (USDA) loan activity held steady at 0.5%. from 14.5% for the week ending Oct.

Loans 426

Loans VA loan FHA loan Mortgages 426

Housing Wire

SEPTEMBER 14, 2023

By product type, conventional loans made up 65.8% of loan applications. Meanwhile, FHA loans comprised 23.8% of total loan applications while VA loans were 10.2%. The average loan size for new homes increased to $398,092 in August from $397,148 in July. from 56,000 new home sales in July.

New Construction 418

New Construction Construction Mortgages VA loan 418

Housing Wire

JUNE 26, 2023

This is according to the Federal Housing Finance Agency (FHFA) Q1 2023 Foreclosure Prevention and Refinance Report, which was published late last week. at the end of Q1, “compared with 4.01% for Federal Housing Administration (FHA) loans, 2.26% for Veterans Affairs (VA) loans, and 1.73% for all loans (industry average),” the report said.

VA loan 370

VA loan FHA loan Fixed-rate mortgage Principal 370

Housing Wire

DECEMBER 16, 2021

By product type, conventional loans made up 76.3% of loan applications, while FHA loans and VA loans composed 13.2% USDA loans made up 0.5% and 10% of applications, respectively. of applications filed in November.

Mortgages 418

Mortgages VA loan FHA loan Loans 418

Housing Wire

MARCH 29, 2024

The majority of consumer complaints in the mortgage arena (13,100, or 58%) were focused on conventional home loans, followed by Federal Housing Administration (FHA) loans (19%), U.S. Department of Veterans Affairs (VA) loans (9%) and home equity lines of credit, or HELOCs (6%).

Mortgages 454

Mortgages VA loan FHA loan Lending 454

Housing Wire

JUNE 5, 2024

Department of Veterans Affairs (VA) loan applications. “After adjusting for the Memorial Day holiday, both purchase and refinance application volumes were down, with purchase activity specifically 13% below last year’s level.” Fratantoni noted that government purchase volume was down less, aided by growth in U.S. the previous week.

VA loan 478

VA loan Mortgages Fixed-rate mortgage Loans 478

Housing Wire

MAY 24, 2024

Choose a reputable lender who has experience working with clients who carry student loan debt, as they’ll be able to help structure the best financing options to suit your specific needs. Other government-backed loan programs include FHA loans which typically require only a 3.5%

Debt-to-income ratio 468

Debt-to-income ratio Loans Pre-approval VA loan 468

Housing Wire

NOVEMBER 16, 2023

FHA applications reached highest share of new-home applications since 2013 In October, FHA applications represented 26.3% This is the highest share of FHA new-home purchase applications in a decade. Conventional loans made up 63.6% of new-home mortgage applications while VA loans comprised 9.8%

Mortgages 482

Mortgages VA loan Loans New Construction 482

Housing Wire

AUGUST 2, 2024

Indeed, one West Coast LO told HousingWire that he quoted a borrower a 5.75% rate on a 30-year FHA loan for a $500,000 Southern California home purchase. Here’s how LOs are handling the sudden drop in rates. The borrower had a 700 FICO score and is putting down 3.5%.

Mortgages 514

Mortgages FHA loan Loans Loan Officer 514

Marco Santarelli

MARCH 27, 2025

Here's a quick overview: Credit Score Range Rating Impact on Mortgage Rates 700+ Excellent Lowest Rates 680-699 Good Competitive Rates 620-679 Fair Higher Rates Below 620 Poor/Risky Highest Rates, Difficulty Getting Approved It's worth noting that different types of loans have different minimum credit score requirements.

Mortgages 113

Mortgages FHA loan Purchase and sale agreement Pre-approval 113

Redfin

FEBRUARY 18, 2025

FHA loans An FHA loan is a mortgage loan that’s insured by the Federal Housing Administration (FHA). This means the FHA guarantees the loan, which makes lenders more willing to offer mortgages to people who might not qualify for a traditional loan.

Closing costs 52

Closing costs Closing VA loan Seller concession 52

HomeLight

FEBRUARY 12, 2021

You’ve just received the first offer on your home — and it’s backed by an FHA loan. So what do you need to know about FHA loans as a seller? Today, FHA loans represent a fair share of the mortgage market; in 2018, the FHA insured 12.1% FHA loans help make homeownership more accessible.

FHA loan 111

FHA loan Loans Pre-approval Pre-qualification 111

Marco Santarelli

MARCH 4, 2025

VA Loans: For eligible veterans, VA loans offer great benefits, including no down payment and often lower interest rates. FHA Loans: FHA loans are insured by the Federal Housing Administration and are designed for borrowers with lower credit scores or smaller down payments. ARMs can be risky.

Mortgages 119

Mortgages Debt-to-income ratio VA loan FHA loan 119

Real Trends

NOVEMBER 11, 2022

Real estate professionals navigating housing in 2022 and beyond need to know their way around all the financing options available. Without knowledge of lesser-known financing choices, real estate professionals can miss the chance to turn their customers into homeowners, or sellers. . Shared equity financing.

Finance 113

Finance VA loan FHA loan Agents 113

Housing Wire

MARCH 26, 2025

The Federal Housing Finance Agency (FHFA)s updated pricing framework in 2023 sparked significant debate over LLPAs on conventional loans. In the government space, the FHA, VA, and USDA do not apply LLPAs.

Loans 192

Loans Mortgages Finance VA loan 192

Eye on Housing

JULY 27, 2022

NAHB analysis of the most recent Quarterly Sales by Price and Financing published by the U.S. Census Bureau reveals that the four-quarter moving average (MA) share of new home sales financed through FHA was 11.0% Conventional loans financed 74.8% in Q2 2022–its smallest share since early 2008.

FHA loan 124

FHA loan Loans Sales Finance 124

HomeLight

JUNE 16, 2023

If you’re selling to a buyer backed by an FHA loan , your home must clear an FHA appraisal for the loan to close. The FHA appraisal determines a property’s market value and ensures that the property meets the U.S. By contrast, most conventional loans require a credit score of 620 or above.

FHA loan 98

FHA loan Loans Inspection Debt-to-income ratio 98

Norada Real Estate

JUNE 22, 2022

Financing turnkey rental properties is the most difficult question to solve for a buyer with no experience in the real estate market. ” But, if an investor does not have that much cash in hand, finance is required to meet the purchase price of an investment property. Financing Turnkey Rental Properties.

Finance 96

Finance FHA loan Investor Loans 96