Tag Archives: home loan

FHA Mortgages Advantanges and Disadvantages

FHA Loan Advantages • Lower down payment requirements 3.5% of sale price • Lower credit score requirements 640, More lenient credit requirements • Lower mortgage rates compared to a Conventional Mortgage • It is easier to qualify for and FHA … Continue reading

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What Is A Veteran’s Affair (VA) Loan?

A VA home loan is actually a guarantee rather than a loan. The VA does not actually lend the money to the borrower, but promises to make good to the lender should the borrower default on the loan. This promise … Continue reading

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Must Knows about Buying a Home

Buying a new home or other type of real estate for the first time can be scary, but it doesn’t have to be. Pour over this information, including the many tips, to help you understand the process and what to … Continue reading

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How to Buy a Big House For a Small House Price

If you are considering buying a house within the next two or three years but are waiting until you can afford the house of your dreams, you may want to reconsider. With housing prices on the rise some areas, the … Continue reading

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Mortgage After a Bankruptcy

There is hope still for those that have had a recent bankruptcy on their credit and who still wish to buy a home. One should realize that all is not lost when it comes to learning how to buy a … Continue reading

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FHA HAWK Program, Lowers FHA MIP

In May 2014, the agency announced FHA HAWK. HAWK stands for Homeowners Armed With Knowledge. FHA aims to give its home buyers access to counseling and education which HUD believes will reduce future FHA loan defaults. As the FHA’s reserve … Continue reading

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Get Rid of Your Credit Card Debt

Get Rid Of Your Credit Card Debt And Start Investing Eliminate credit card debt from your life, and you will eliminate a lot of problems from your life. It is very easy to be trapped by credit card debt; everybody … Continue reading

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5 Ways to Benefit From a Free Mortgage Calculator

An astonishing 80% of home buyers now conduct at least part of their home search on the Internet. In response to this influx of surfing home buyers, there is now a large number of free mortgage loan calculators available online. … Continue reading

Posted in Budget, First-Time Home Buyers, Giving Back to the Community, Mortgage Programs, Mortgage Refinances, Personal Finance, Personal Finances, Real Estate Discounts, Save money Buying a House, Zero to Low Down Payment Loans | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Mortgage Qualification Problems – Low Appraisal

Here are your options if you get a low appraisal amount. An appraisal is simply an effort by a qualified person to put a value on a property. The process involves a review of the property, other properties in the … Continue reading

Posted in Budget, Credit, First-Time Home Buyers, Mortgage Programs, Mortgage Refinances, Personal Finance, Personal Finances, Save money Buying a House, Zero to Low Down Payment Loans | Tagged , , , , , , , , , , | Leave a comment