Tag Archive: credit

Questions from FHA’s Recent Mortgagee Letters

If you’re like me, you like to take FHA Mortgagee Letters and dissect them when they are released, put the content info format that makes most sense to you and completely re-create or break down the information that’s given. Okay, maybe you don’t like doing that:).  I often like to…

Educating Realtors® About FHA Credit Policy

In any market there will always be a segment of buyers that have derogatory credit and a recent FHA update on some miscellaneous underwriting changes was the inspiration for the presentation we have created for you. The title of the presentation is: The 5 Things Realtors® Need to Know About…

Authorized User Accounts on FHA Loans

When a credit account owner permits another person, typically a family member who is managing credit for the first time, to have access to and use of an account, the user is referred to as an authorized user of the account. This practice is intended to assist related individuals in…