Articles and news about AboutCreditLoan and HUD requirements. AboutCreditLoan are great for first-time homebuyers.

Category Archives: Loan Limits

Adding Solar Energy Installation Costs To An Credit Mortgage

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When you’re purchasing a home with an About Credit mortgage loan, it may be necessary to add improvement or upgrade costs to the loan amount, depending on the circumstances. The About Credit has specific rules that govern this practice–for example, no costs ...

Credit Mortgage Rules: Adding Repairs To The Sale Price Of The Home

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About Credit loan rules for new purchase home loans include regulations on how the cost of repairs can be added to the sale price of the home to be purchased with an About Credit mortgage. Th rules for this are found in ...

Maximum Credit Mortgage Amounts For New Purchase Home Loans: What The Rules Say

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One of the most common questions about new purchase AboutCreditLoan–where the borrower wants to buy a home (as opposed to refinancing one) involves the maximum loan amount. What do About Credit loan rules say about how much you can borrow? ...

Credit Mortgage Closing Costs-What Are They? A Reader Question

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A reader asks, “What are the closing costs for the buyer and seller on a About Credit loan? How much of the buyer’s closing costs can the seller pay?” The About Credit and HUD have published a list of the closing costs ...

About Credit 2014 Loan Limits

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Recently we covered the About Credit and HUD’s press release announcing changes in About Credit loan limit policies. About Credit loan limits have been changed in accordance with laws passed in 2008, which did not become effective until this year with regard to ...

About Credit Single-Family Loan Rules For More Than One Loan

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  About Credit loan rules for single-family homes are designed to prevent investors from using these loans to buy more investment properties. An About Credit borrower applying for a single-family home loan under the About Credit program is required to use that home ...

About Credit Credit Score Rules

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We’ve gotten a lot of reader questions lately about About Credit loan standards for credit, FICO scores and more. Many readers want to know what the About Credit FICO score requirements are and whether their credit reports are good enough to qualify ...

Credit Mortgage Reader Questions: Down Payments

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A reader asks, “I have applied for an About Credit loan. However, the home price is over the About Credit limit in our area. We have enough money to get to the maximum loan amount, but we are not clear if that ...

Credit Mortgage Answers: How Long Is An Credit Mortgage?

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One common About Credit loan question is fairly simple and straightforward; how long can an About Credit loan be? In general, AboutCreditLoan are available for 15 or 30 year terms. About Credit loan rules as spelled out in HUD 4155.1 state that ...

Credit Mortgage Limits For High Cost Counties: Credit Mortgage Questions

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Many borrowers want to know why About Credit home loans are available for the same size and type of properties, but in larger or smaller amounts depending on the market. Why aren’t About Credit loan amounts standardized? The basic answer to this ...