Big changes could be on the horizon for FHA loans. The House of Representatives just passed HR Twenty One Sixty Two also known as the Housing Financial Literacy Act of Twenty Nineteen. This would allow First Time Home buyers who complete a housing counseling program to reduce the Upfront Mortgage Insurance. Why would they do…

Most people think you have to have top notch credit in order to obtain a mortgage, and this just isn’t the case. Every loan program has a different credit score requirement. For example, a Conventional loan requires at least a 620, but FHA only requires a 580! When pulling credit, we pull all three bureaus…Equifax,…