FHA Streamline Refinance: One of the great refinance programs in the mortgage industry is the FHA Streamline Refinance program. It just may be the easiest and most efficient way to refinance a mortgage. Thousands of homeowners every year decide to access the program which allows a homeowner to lower their interest rate which puts them in a better financial situation. … Read more
Guide To FHA Home Loans: Are you looking for the best FHA home loan guide on the internet? Then look no further than koloans.com. Our FHA home loan guide offers the following: Understanding what a FHA home loan is: We cover the basic definition of what is a FHA loan. We also cover the differences between a FHA loan and … Read more
Good News For First Time Home Buyers: Are you a first time home buyer trying to figure out how much you need to put down towards the purchase of a new home? Well the good news is not much at all under some loan programs. The idea of the traditional 20% down payment for a first time home buyer went … Read more
Getting Rid Of Mortgage Insurance: Do you currently have a FHA mortgage and are you looking to refinance the mortgage to get a lower rate and/or possibly get rid of the Mortgage Insurance (MI)? If so there are a few things you need to prepare before you move forward with a refinance. If you stick with the below process it … Read more
FHA Has Fixed and Adjustable Rate Mortgages: Through various mortgage companies the Federal Housing Administration (FHA) offers low mortgage rates for those with less than perfect credit and/or those with loan down payments. Before the 2008 mortgage crisis FHA mortgages in California were a small percentage of the market. Currently FHA is a major player as homeowners and buyers look … Read more