Housing Opportunity Program
Understanding Today's Mortgages
Shopping for a Mortgage? FHA Improvements Benefit You
You and your clients will have a much better understanding of the usefulness of FHA mortgages after you read "Shopping for a Mortgage? FHA Improvements Benefit You."
FHA has made dramatic improvements to the application process for FHA-insured mortgages. The best features of FHA have been retained, such as more generous debt and payment to income ratios, low downpayment requirements, no prepayment penalties, and liberal treatment of credit history.
Produced by NAR, FHA, and the U.S. Department of Housing and Urban Development, this 4-panel brochure allows REALTORS® to help consumers learn about FHA-insured mortgages and other resources available from FHA and HUD. There?s even a place for your business card!
Download Shopping for a Mortgage? FHA Improvements Benefit You (PDF: 457KB)
Download brochure text (PDF: 40KB)
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Additional resources on mortgages:
- Foreclosure brochure
- Traditional Mortgage brochure
- Specialty (Nontraditional) Mortgage brochure
- Predatory Lending brochure
