FHA changing guidelines on deferred student loans, Single Family Housing Policy Handbook (HUD Handbook 4000.1)
The Federal Housing Administration (FHA) completed a core component of its goal to expand access to mortgage credit. With today’s effective date for most sections of FHA’s Single Family Housing Policy Handbook(Online SF Handbook; HUD Handbook 4000.1 PDF), mortgagees and other stakeholders can now benefit from a consolidated, consistent, and comprehensive set of policies that support homeownership for millions of qualified individuals and families each year.
FICO credit adjustment will increase access to home ownership -- NAR (August 8, 2014) Mortgage Professional America
"In a move industry pros say will expand access to home ownership, FICO announced today that it is revamping the way it calculates credit scores."
HOWNW.com™ provides a summary of housing related programs for homebuyers in the Clackamas, Multnomah and Washington County areas. A number of programs provide home buying assistance to individuals based on income.