Can now extend the term from 360 months to 480 months. The Federal Housing Administration (FHA) announced Wednesday that it’s increasing the maximum term for a mortgage modification to 40 years or 480 ...

A mortgage loan modification can offer an opportunity for borrowers to get their monthly payment on their mortgage reduced to an amount they can afford. A mortgage loan modification may extend the ...

If your credit is just so-so or you’re struggling to save for a down payment, an FHA loan may help you finance the home you want. These government-backed loans typically offer lower interest rates and ...

A loan modification is a long-term mortgage relief option for borrowers experiencing financial hardship, such as loss of income due to illness. A modification typically changes the loan’s rate, term ...

The people struggling with huge debts and financial hardships can make use of the loan modification programs intended to support such individuals. The hopes of the homeowners who struggle to avoid ...

An FHA loan is a type of mortgage that is insured by the Federal Housing Administration, a subsidiary of the Department of Housing and Urban Development (HUD). FHA loans are issued by private lenders ...

FHA loan requirements: FHA loans explained Federal Housing Administration (FHA) loans are a popular choice for first-time homebuyers and other borrowers who, for a variety of reasons, may have a hard ...