FHA loans: Definition, requirements and limits
FHA loans can help borrowers with less-than-ideal credit and cash. But they aren’t perfect.
InstaMortgage (formerly Arcus Lending) CEO Shashank Shekhar is a top 15 loan officer and has been named the No. 4 broker in the country. With a 2020 production of $364 million, Shashank has continuously raised industry standards. In addition to being on the cover of National Mortgage Professional magazine, he is an Amazon.com best-selling author, is frequently quoted by national media, and has been the keynote speaker at major conferences around the country. He is also the creator of MLO Master Class, a leading training platform for loan officers.
FHA loans can help borrowers with less-than-ideal credit and cash. But they aren’t perfect.
The first step is simple: Don’t obsess. It happens all the time.
You save a chunk of cash upfront, but it may cost you more in the long run.
Here are some of the best no-fee mortgage lenders in 2024.
Feeling pinched by today’s numbers? This timeline will put things in perspective.