My payment when i purchased my home in nov. 08 was to be 1464. I know have a payment of 1952 due to a escrow shortage….. (property taxes) what can i do ? if i can not pay the whole amount and only pay the 1133 which is my principal, what could happen? I asked to take out my taxes but i cant because of it being a fha loan… so what would happen if i dont send that extra in for the escrow?

im trying to browse online for houses but not all take fha so how can i find them… thanks in advance
i wanted to look online. i live in houston tx

I want to purchase my first home, what do i need to qualify for an FHA home loan? Down payment, income, credit requirements, etc. i make $3,000.00 dollars a month is that more then enough to qualify for an FHA home loan.

I bought a house about 7 months ago.
I paid down 3% on an FHA loan at 6% for about $184K
Now the same mortgage broker is offering me an FHA streamline down to 5%.
He says there are no fees or appraisals, except for the Mortgage insurance fee which is about 2400 (they’re rolling that into the loan) and I make one payment to the title company (about $1370). My mortgage payments will be about $95 lower. Seems pretty good to me, I just hate to change banks because I really liked the bank I was with so far (I suppose my loan could get sold anyway). The new loan would be somewhere around 187K.
Does that mean that the 3% I put down the first time won’t count for anything anymore?

were on a 30 yr. fha… refinancing on a 30 yr. conventional loan.

If I refinance my condo with an FHA loan do I have to live in the property for the duration of the loan? Thank you.

I just refinanced my home with FHA and got 5.5% fixed interest for a term of 15 years. I am going througha divorce and the payments are too steep. I want to extend my term to 30 years. Can I do that without refinancing? Thanks.

im planing to move out the my moms house around the beginning of next year.. im 18 rite now.and i really want a loft in downtown LA.how would the FHA loan help?would it pay for the loft and i would slowly pay the loan company back?

I read that you only need to put 3% down for an FHA loan. This number seems really low. If you can’t afford a decent down payment, then maybe you can’t really afford the house. Why do people feel they are entitled to own a house???

Thank you, Michael. Do you know if the interest rate is negotiable or it will just vary by the lender?