FHA Lend

06/22/2025

01/18/2024

Rates update for 2024 !

https://fhalend.com/mortgage-rates

01/18/2024

How FHA Construction Loan Works and what is the Cost to Build a Home? Learn more below :)

https://fhalend.com/how-fha-construction-loan-works

01/16/2024

You can qualify for an FHA loan with collection accounts based on HUD guidelines. HUD, the parent of FHA, does not require borrowers to pay off outstanding collection accounts to qualify for FHA Loan. FHA loans do have specific rules and regulations when it comes to qualifying for a mortgage with large collection accounts. You do not have to pay outstanding collections and/or charged-off accounts to qualify for an FHA loan.

Collection and charged-off accounts need to be seasoned for at least 12 months from the date of last activity (DLA). To get an approve/eligible per automated underwriting system, the outstanding collection and charged-off accounts need to have been seasoned and should have timely payments in the past 12 months. Manual underwriting on FHA loans requires timely payments in the past 24 months.

https://fhalend.com/fha-loan-with-collection-accounts

12/20/2023

The first video on a motorycyle, check it out. All feedbacks are appreciated.
https://www.youtube.com/watch?v=Uy3UrkXWiHs

✅Garage
✅Swimming Pool
✅Updated Kitchen with Alexa Ready switches
✅1min away from Dupage River Trail
✅2 beds, 2 baths

best place to live with a small family or as a senior in one of the safest cities in America with best schools.

https://luxuryestatephotography.com/estate_property/2050-lancaster-cir-unit-201d-naperville-il-60565

12/14/2023

09/28/2023

Not all lenders are euqal, different lenders have different requriements (lenders overlays)

please see attached flyer to learn more about eviction and if it affects buying a home.

https://www.capitallendingnetwork.com/buying-a-house-with-an-eviction.html

09/02/2023

08/24/2023

The house which was first worth $360,000 I sold for $427,000!

$38,000 over asking price

1. 2 weeks of remodeling (I did prepare 16 items that needed to be fixed, chosen color for walls, found a place where to buy an exterior doors in a good price, 1 full bath remodel, new vinyl flooring 2nd floor etc
2. mold issue and estimate from 2 companies
3. 2 weeks of negotiations

08/10/2023

https://fhalend.com/how-fha-construction-loan-works
The FHA construction loan is a great option for those looking to build their own home. It offers a low-down payment and flexible credit score requirements, making it an attractive option for many. With an FHA construction loan, you can finance up to 95% of the cost of the home, making it an ideal choice for those who don’t have the cash to put down a large down payment. Additionally, the credit score requirements are much lower than with other loans, meaning that even those with lower credit scores can still qualify.

08/08/2023

https://fhalend.com/fha-loans-with-low-credit-score
Even though the FHA has the ability to approve loans for individuals with credit scores as minimal as 500, numerous FHA lenders are hesitant to collaborate with individuals possessing such low credit scores. These lenders commonly enforce additional limitations of their own (referred to as lender overlays). Consequently, you might come across scenarios where specific lenders decline to engage with you if your credit score falls below 620.

FHA loans with low credit score area available form 500 FICO score, people with 580 can put as low as 3,5% down to qualify for FHA mortgage