The FHA Loan provides you with funds to purchase or refinance your home with very easy to meet guidelines. The FHA has lower credit score guidelines as well as less stringent debt ratio and income guidelines for borrowers. This is one of the main reasons many people referred to the FHA loan as the first-time homebuyer’s loan. Today, people from all walks of life use this loan to purchase and refinance their home. Because of the meaning behind the FHA program, however, to help people that are a … [Read more...]