USDA Rural Development Mortgage When you are choosing which loan program is right for you, you might not consider the USDA. As this program is designed for homes in rural areas, you might not think it is suitable for your situation. However, the majority of Michigan should be covered and this type of loan offers […]
Mortgage Trigger Leads There is a lesser known trend among credit bureaus and desperate mortgage lenders. Once a person has applied for a mortgage the credit bureau has a legal right to sell the name, phone number and address of the applicant to other lenders. This is called a “trigger lead” in the mortgage industry […]
Indiana FHA Loan Requirements If you are planning to buy a home in Indiana, a government-backed mortgage from the FHA is one of the options that you should consider. The Federal Housing Administration insures loans from approved lenders that offer many advantages to buyers. We look at some of the basic features of an FHA […]
Getting a pre-qualification for a mortgage is a good idea if you are just looking and thinking about buying a home. Getting pre-approved for a loan is almost mandatory when you are serious about purchasing your home.
We look at the things you can do to get ready to move out of your parents house less scary and more successful. Easy steps that anyone can follow.
Following this simple advice will help the loan approval process and save you some unnecessary heartache. What NOT to do before closing on a house.
Buying a home requires a bit of preparation. If you meet the following conditions then you should be ready to purchase your first home this Fall!
After the financial problems of the Great Depression, the federal government created the Federal Housing Administration and approved lenders to offer the FHA mortgage. This single action by the government created one of the most popular types of loans that are still used today. Listed below are guidelines and basic information about the FHA program for Wisconsin […]
The VA home loan is one of the best ways for a qualifying veteran, service member, or surviving spouse of a service member to purchase a home. The fact that they can buy a home without a down payment is great alone, but when you combine the other benefits such as low-interest rates and no […]
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.
