D&H Lending

You've probably heard about the prime rate increasing or decreasing in the news at some point. But what does that actually mean for the average borrower? Here's what you need to know.

What is the prime rate, and how does it affect you? If you apply for a loan or use a credit card, the prime rate matters.

The FHA Single-Family Handbook says FHA loans are only for owner-occupiers, so second-home loans aren't usually an option. But in certain circumstances, FHA loans can be used to upsize.

Mutiple FHA Loans? A Reader Question How many single houses can you buy by using an FHA loan? FHA loan rules for the single-family home loan program generally permit FHA loans only for owner-occupiers, so the short answer is "one" in most cases.