The option of using a non-occupying co-borrower on FHA, Fannie Mae or Freddie Mac mortgage loan opens up homeownership to more borrowers. These are often first-time home buyers who wouldn’t otherwise be able to qualify so soon.
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The focus of #MortgageUpdated is to be a source of material that can used by everyone. For example, real estate agents can find useful tips on improving their marketing, staying up to date with social media changes, and developing a plan to set themselves apart from their competition.
In addition, mortgage lenders can stay up to date with changes in mortgage rules, learn about new programs and find out how peers are creating a lasting impression on their clients.
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Is now the right time to buy or sell a home? Supply and demand in the real estate markets are constantly changing, and sometimes the situation will help, but at other times it could hurt you. Different times of the year can affect how easy it is to buy or sell a home, but the […]
For the right borrower, a WHEDA mortgage can be an excellent way to before a homeowner. Take a look at the following pros and cons of the WHEDA loan!0
We look at FHA, VA, and USDA, which are the three main government-insured loan programs, to help you pick the right program for your situation.
While buying a home for the first time is very exciting, it can be a stressful experience. We look at the essential things first time home buyers need to buy to make life easier.
When you buy a home, you will be expected to pay an earnest money deposit, and if something goes wrong, you could lose this cash. Contingencies are a way for buyers to protect their earnest money when making an offer.
USDA minimum property requirements that the home will need to meet before your loan will be approved.
Every thing you need to know about earnest money when buying a home including how much you should give and how to get it back.
We look at open houses compared to private showings, to reveal which is better when you are trying to sell your home.
Take heed to these signs and do your research on the property to avoid getting a bad deal.