|
|
|
|
|
Consumer Guides |
Government Guides |
Consumer News |
Consumer Guides
Index
Consumer Guides
Home
Submit Government Guide
Copywriting Services
Adoption
Biology - Human Genome Project
Cosmetic Surgery and Financing
Disaster Help
Guide to help Rebuild Your Home
Earthquakes -Preparation, Survival
Drugs
Financial
Currency: Buying, Selling and Redeeming
Stock Market Basics Government Links - Federal, State, Local Homeland Security Health Health InsuranceMarriage
Sleep and Marriage StudyPatents, Trademarks, Copyrights
Private Jets Cessna LearReal Estate
Financing Energy Efficient Homes
Tax Hike - Expiring Bush Tax Cuts
Technology
Travel
Tips For Women Traveling Alone
Other Online Guides
Disclaimer
Guide To Single Family Home Mortgage Insurance
Applying for the Loan
When you have selected a lender, arrange a meeting with the loan officer to fill out the application forms. At the interview, you will have to provide the lender with your most recent bank statement and pay stub, picture identification, and proof of your social security number. You will also have to pay fees for an appraisal and a credit report.
The lender will take care of processing the loan for FHA insurance and will arrange to close the loan.
Many lenders are authorized to approve mortgage applications without submitting any paperwork to HUD. These companies are called Direct Endorsement lenders.
|
|
Most FHA-insured loans are handled by these lenders. In some cases, however, HUD reviews information submitted by the lender and determines whether the property and the borrower are acceptable risks for an FHA-insured mortgage. Regardless of the type of loan you select, you will deal only with the lender, and the lender will handle all transactions with HUD.
|
_________________________ Table of Contents How FHA Mortgage Insurance Works Who Can Get an FHA-Insured Mortgage? Types of Mortgages FHA Insures Shopping for an FHA-Insured Loan Initial Investment (Down payment) Closing Costs and Prepaid Items Payments on an FHA-Insured Mortgage Limits on FHA-Insured Mortgages The Most Frequently Used FHA Mortgage Insurance Programs Other FHA Mortgage Insurance Programs For more information on these and other FHA programs, please contact your local FHA approved lender. Source: General Services Administration
|
Hot Link:
iTunes Gospel Rock Music
Rock version of
the Lord's Prayer
and more...
Presence
a unique find...
www.mycrossbridge.org