Search results
Results from the WOW.Com Content Network
FHA appraisal guidelines. During an FHA appraisal, the appraiser will examine both the local market and the property itself. While there’s not much a prospective buyer can do to get ready for an ...
Among the challenges faced by homebuyers, 13% of all buyers and 24% of those under the age of 37 find the down payment requirement to be the most daunting task. On average, the down payment amount is $6,624. FHA borrowers have an average debt-to-income ratio of 40.34%, and the typical FHA loan amount is $191,650.