---
title: News + Updates | Plaza Home Mortgage | FHA Loans
description: FHA Loans | Check out our latest news
---

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# Plaza News + Updates

## [NEW Lower FICOs for FHA, USDA and VA](https://news.plazahomemortgage.com/newsupdates/new-lower-ficos-for-fha-usda-and-va)

 Posted by [Plaza Home Mortgage](https://news.plazahomemortgage.com/newsupdates/author/plaza-home-mortgage) on March 17, 2021

[Plaza Home Mortgage](http://www.plazahomemortgage.com)® is making it easier to qualify more borrowers with reduced minimum FICO requirements for our FHA, VA and USDA programs! For these core loan programs, the new minimum FICO has been lowered to 600 for FHA and VA and 620 for USDA. We have also updated our popular FHA 203(k) program, which combines financing for the purchase or refinance of a home and its renovation into a single loan, to have a new reduced minimum FICO of 620.

[Read More](https://news.plazahomemortgage.com/newsupdates/new-lower-ficos-for-fha-usda-and-va)

 Topics: [Wholesale News](https://news.plazahomemortgage.com/newsupdates/tag/wholesale-news), [Wholesale Program Updates](https://news.plazahomemortgage.com/newsupdates/tag/wholesale-program-updates), [National Correspondent News](https://news.plazahomemortgage.com/newsupdates/tag/national-correspondent-news), [FHA Loans](https://news.plazahomemortgage.com/newsupdates/tag/fha-loans), [USDA Loans](https://news.plazahomemortgage.com/newsupdates/tag/usda-loans), [Non-Delegated Correspondent News](https://news.plazahomemortgage.com/newsupdates/tag/non-delegated-correspondent-news), [Government Loans](https://news.plazahomemortgage.com/newsupdates/tag/government-loans), [VA Loans](https://news.plazahomemortgage.com/newsupdates/tag/va-loans), [National Correspondent Program Updates](https://news.plazahomemortgage.com/newsupdates/tag/national-correspondent-program-updates), [Non-Delegated Correspondent Program Updates](https://news.plazahomemortgage.com/newsupdates/tag/non-delegated-correspondent-program-updates)

## [They're back! HomeStyle and CHOICERenovation Loan Programs](https://news.plazahomemortgage.com/newsupdates/homestyle-choicerenovation)

 Posted by [Plaza Home Mortgage](https://news.plazahomemortgage.com/newsupdates/author/plaza-home-mortgage) on September 14, 2020

**They're back: HomeStyle and CHOICERenovation Loan Programs**Plaza is excited to announce that we will begin accepting Fannie Mae® HomeStyle® and Freddie Mac CHOICERenovation® renovation loans again on **Monday,** **September 8,** **2020**. And don’t forget we also accept FHA 203(k) loans, so when you think renovation, think Plaza. Visit our [program page](https://info.plazahomemortgage.com/homestyleandchoicereno) or contact your Plaza Account Executive to learn more.

[Read More](https://news.plazahomemortgage.com/newsupdates/homestyle-choicerenovation)

 Topics: [Wholesale Program Updates](https://news.plazahomemortgage.com/newsupdates/tag/wholesale-program-updates), [FHA Loans](https://news.plazahomemortgage.com/newsupdates/tag/fha-loans), [Renovation Loans](https://news.plazahomemortgage.com/newsupdates/tag/renovation-loans), [National Correspondent Program Updates](https://news.plazahomemortgage.com/newsupdates/tag/national-correspondent-program-updates)

## [Correspondent Training: Plaza’s FHA 203(k) Renovation Programs](https://news.plazahomemortgage.com/newsupdates/203k-training)

 Posted by [Plaza Training](https://news.plazahomemortgage.com/newsupdates/author/plaza-training) on September 10, 2020

Offer your borrowers the option of purchasing a home in need of repairs, or refinancing their existing home for remodeling by including the renovation costs in their mortgage.

Join us to learn all about Plaza’s FHA 203(k) Standard and Limited loan programs that are designed to do just that. We’ll show you the tools Plaza has available and walk you through all of the resources Plaza offers that simplify renovation lending.

Tuesday, August 18

11AM-12PM PT

[Read More](https://news.plazahomemortgage.com/newsupdates/203k-training)

 Topics: [National Correspondent News](https://news.plazahomemortgage.com/newsupdates/tag/national-correspondent-news), [FHA Loans](https://news.plazahomemortgage.com/newsupdates/tag/fha-loans), [Government Loans](https://news.plazahomemortgage.com/newsupdates/tag/government-loans), [Renovation Loans](https://news.plazahomemortgage.com/newsupdates/tag/renovation-loans), [Plaza Training](https://news.plazahomemortgage.com/newsupdates/tag/plaza-training)

## [FHA 203(k)s are back](https://news.plazahomemortgage.com/newsupdates/fha-203k-back)

 Posted by [Plaza Wholesale](https://news.plazahomemortgage.com/newsupdates/author/plaza-wholesale) on September 10, 2020

On Monday, July 6, 2020, Plaza resumed lending on FHA 203(k) renovation loans! We will continue to monitor the market and will announce plans for resuming Fannie Mae® HomeStyle®, Freddie Mac CHOICERenovation® and VA Renovation options in the future.

[Read More](https://news.plazahomemortgage.com/newsupdates/fha-203k-back)

 Topics: [Wholesale News](https://news.plazahomemortgage.com/newsupdates/tag/wholesale-news), [Wholesale Program Updates](https://news.plazahomemortgage.com/newsupdates/tag/wholesale-program-updates), [National Correspondent News](https://news.plazahomemortgage.com/newsupdates/tag/national-correspondent-news), [FHA Loans](https://news.plazahomemortgage.com/newsupdates/tag/fha-loans), [Non-Delegated Correspondent News](https://news.plazahomemortgage.com/newsupdates/tag/non-delegated-correspondent-news), [Government Loans](https://news.plazahomemortgage.com/newsupdates/tag/government-loans), [Renovation Loans](https://news.plazahomemortgage.com/newsupdates/tag/renovation-loans)

## [FHA Single-Unit Condo Approvals](https://news.plazahomemortgage.com/newsupdates/fhacondo)

 Posted by [Plaza Wholesale](https://news.plazahomemortgage.com/newsupdates/author/plaza-wholesale) on September 10, 2020

Help your borrower get that perfect condo when it’s not in an FHA-approved complex. Now, with the Single-Unit Approval process, individual condominium units can be approved for FHA financing even when they aren’t in FHA-approved buildings or projects. It opens up more lending opportunities for you, and more selling opportunities for your agents. And Plaza is here to help you get it done!

[Read More](https://news.plazahomemortgage.com/newsupdates/fhacondo)

 Topics: [Wholesale News](https://news.plazahomemortgage.com/newsupdates/tag/wholesale-news), [FHA Loans](https://news.plazahomemortgage.com/newsupdates/tag/fha-loans), [Non-Delegated Correspondent News](https://news.plazahomemortgage.com/newsupdates/tag/non-delegated-correspondent-news), [Government Loans](https://news.plazahomemortgage.com/newsupdates/tag/government-loans), [Condo Lending](https://news.plazahomemortgage.com/newsupdates/tag/condo-lending)

[All posts](https://news.plazahomemortgage.com/newsupdates/all)

**Welcome to the Plaza Home Mortgage® News and Updates page. Here you can find the latest announcements, client updates, training and more from Plaza.** 

### Recent Posts

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- [Correspondent Certified Loan Program (4)](https://news.plazahomemortgage.com/newsupdates/tag/correspondent-certified-loan-program)
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- [Condo Lending (1)](https://news.plazahomemortgage.com/newsupdates/tag/condo-lending)
- [USDA Loans (1)](https://news.plazahomemortgage.com/newsupdates/tag/usda-loans)
- [VA Loans (1)](https://news.plazahomemortgage.com/newsupdates/tag/va-loans)

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