Single Woman Fha Loan
Cross that off your to-do list! A mortgage consultant will be in touch soon to help you with your prequalification request. If you decide to move forward, you'll discover a better way to complete the home loan process with yourLoanTracker sm, which lets you track your loan's progress, and upload and sign select documents — all from your computer, smartphone, or tablet.
Single Woman Fha Loan Rules In Hud 4000.1
Did you know in some states a non-purchasing spouse may still have to sign FHA loan paperwork in order for you to qualify for an FHA loan? The spouse may also have to go through a credit check even though they aren't co-signing or co-borrowing. This program lets buyers get a single loan with just one closing. Construction Loan Buyer.
Women who are first time homebuyers can take advantage of loans issued by the Federal Housing Administration (FHA), a division of HUD. The FHA insures loans, making it possible to get lower down payments as well as reduced closing costs. FHA loan standards require that you demonstrate a history of reliable employment and income. You'll need to show two years of steady employment and consistent income. 
When you apply for an FHA home loan, be prepared to show copies of your W-2 or 1099 forms. You'll need to provide the names and addresses of your employers. Single women have been a growing section of home buyers for the last few years. But just how much of today’s home sales do they account for and what kind of cash do they bring to the table? As a single mom or dad, getting a secure and stable home loan becomes an important process to improving the quality of life and stability your children want and need. The FHA Loan program is an ideal and unique tool that single parents can utilize to effectively achieve almost any home loan objectives.
Talk to your mortgage consultant to see if is available with your loan. When you're ready to buy, we'll be here to help — with the resources of Wells Fargo.
Learn how more and more single women are able to buy homes has skyrocketed over the past ten years. Single women are responsible for more than one third of the growth in real estate ownership since 1994, and more than 20% of all home buyers today are single woman. That is twice as many single women as single men buying homes.
