Tag Archives: FHA appraisal

Home Condition Requirements for an FHA Loan

FHA loans are a popular type of mortgage that is often used by first time home buyers. The low down payment requirement and easier credit guidelines are both issues that attract borrowers to choose FHA. While it is FHA’s mission to make homeownership affordable for consumers, it is also their concern that a home be a safe and secure place to live. For this reason, there are specific home condition… Read More »