FHA Mortgage Loan FAQs from Realtor TV
My friend and colleague, Mark Madson of MyFHABlog, recently posted this information and being a good friend, I decided to steal it. Since it was originally done by REALTOR TV, I don’t think he will mind. Although I find the presentation a bit slow, it does offer a huge amount of information in a video format. It is well done and answers a lot of questions about FHA Mortgage Lending in a very logical and impartial manner. FHA Mortgages are a huge part of my lending business in Oregon and any way I can help do away with some of the myths surrounding FHA Real Estate Loans, I will do. So, sit back and watch this video. You might want to get some popcorn and take notes.
FHA Frequently Asked Questions by timeline:
______________
00:00 - What is an FHA mortgage?
01:22 - Is there a lot of red tape with FHA mortgages?
03:17 - What are the benefits of FHA to borrowers?
05:30 - Does a previous bankruptcy or foreclosure prevent someone from getting an FHA loan?
06:19 - What are the income and employment requirements to qualify for an FHA loan?
07:21 - How does FHA mortgage insurance requirements benefit the borrower?
08:29 - Can real estate agents use their commission as the down payment?
09:10 - Are appraisals for FHA mortgages complicated?
10:38 - What happens when an appraiser identifies minor defects?
11:23 - What restrictions does FHA impose on closing costs?
12:34 - Does HUD have a rule on property flipping?
13:28 - What is the Total Scorecard?
14:36 - Where can the borrower’s cash investment come from?
15:10 - Can I finance repairs to my home?
15:47 - What is the role of FHA today?
If you have more questions about FHA, please read other articles in my blog. You are also welcome to call or write at any time. You can reach me at 541-342-7576/541-221-3455 Cell or eugeneloanguy@gmail.com. FHA Mortgage Loans are the cornerstone of my real estate loan business and I have a lot of experience in government lending. Call me today.





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Nice article, Fred. Your blog is looking great as well. I really liked this video because it totally breaks down some of the most frequently asked questions in a manner that anyone can understand – including me.
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I agree Mark, it is very well presented.
You know so many interesting infomation. You might be very wise. I like such people. Don’t top writing.
Yeah I totally agree with what your sayingits def correctthanks for letting me voice my opinion.