FHA Insured Loans- getting popular again.

There has been a drastic change in the homebuying climate... if you are a home inspector - I certainly don't have to tell you!

Mortgage qualifying is harder than in has been in over 5 years. Appraisals are stricter with valuations lower and repair requirements increasing. Because of these and other factors, conventional loans are harder than ever to qualify for.

For this reason, many homebuyers are turning to an "oldie but a goodie"- the FHA Insured Mortgage.

What is an "FHA" mortgage?

Until recently, the term - FHA loan referred to a mortgage that was usually the only way people could qualify for a home if they had marginal or poor credit or those with little or no money available to put down on a home.

But now that has changed, and FHA is sparking hope in the homebuying market as buyers find there are a lot of benefits to being an "FHA buyer"

Check back for more information as I explain the benefits and challenges associated with an FHA insured loan and as I describe how the 203K Rehabilitation Mortgage solves these problems as well as creates great opportunities for highly skilled home inspectors.

If you would like to learn how you can take advantgage of the opportunity to become a certified 203k Consultant- check out www.203kinabox.com.