2. Unit 9: Loans: Government-
Backed
Federal Housing Administration
FHA Contributions to Real Estate Finance
Long-term, Amortized Loans
Mutual Mortgage Insurance
Refunds of UFMIP
MIP Cancellation Policy After April 1, 2013
Minimum Property and Construction Standards
FHA Home Inspection Notice
3. Unit 9: Loans: Government-
Backed
Federal Housing Administration
Benefits of FHA-Insured Loans
Low Down Payment
Seller Contributions
Competitive Interest Rates
Easy Qualifying Requirements
Reasonable Loan Fees
FHA Loan Limits
Property Appraisal
FHA Repair Requirements
Standardized Appraisal Reporting Forms
4. Unit 9: Loans: Government-
Backed
Federal Housing Administration
FHA Requirements
Borrower Eligibility
Property Eligibility
FHA Underwriting Guidelines
Income
Employment
Credit History
Debt-to-Income Ratios
5. Unit 9: Loans: Government-
Backed
Federal Housing Administration
Selected FHA Loan Programs
FHA 203(b) Residential Loan
FHA 251 Adjustable-Rate Mortgage
FHA 245(a) Graduated Payment Mortgage
FHA 255 Home Equity Conversion Mortgage
FHA 203(k) Rehabilitation Loan
Title 1 Home Improvement Loan
Energy Efficient Mortgage
6. Unit 9: Loans: Government-
Backed
Department of Veterans Affairs
Contributions of the GI Bill to Real Estate
Benefits of VA-Guaranteed Loans
VA Loan Amounts
Guaranty Amounts
7. Unit 9: Loans: Government-
Backed
Department of Veterans Affairs
VA Requirements
Determine Eligibility
Wartime Service
Gulf War
Peacetime Service
Peacetime Service After 09/07/80 (enlisted) or 10/16/81
(officer)
Selected Reserve or National Guard
Others Who May Be Eligible
Certificate of Eligibility
8. Unit 9: Loans: Government-
Backed
Department of Veterans Affairs
VA Requirements
Qualifying Property
Minimum Property Requirements
VA Underwriting Guidelines
Employment and Income Stability
Credit History
Residual Income and Qualifying Ratio
Residual Income
Debt-to-Income Ratio
9. Unit 9: Loans: Government-
Backed
Department of Veterans Affairs
Selected VA Loan Programs
Traditional 30-year Fixed-Rate Loan
VA Adjustable-Rate Mortgage
VA Graduated Payment Mortgage
Construction/Permanent Home Loan
Interest Rate Reduction Refinancing Loan
Manufactured Home Loan
10. Unit 9: Loans: Government-
Backed
Texas Housing Finance Programs
Texas Veteran’s Land Board
Veteran’s Housing Assistance Program
Veteran’s Land Program
Texas Department of Housing and Community
Affairs
