What Is Mortgage Servicing? How It Works on an FHA Loan
What is mortgage servicing? It is the day-to-day administration of your loan after closing, including payment collection, escrow, and hardship help. On an FHA loan, the servicer also collects your annual MIP, and federal rules protect you if servicing is transferred to a new company.
How to Prepare for an FHA Appraisal
Prepare for FHA appraisal with a clear repair plan, inspection strategy, and FHA standards that can prevent costly closing delays for buyers and sellers today.