FHA guidelines prospective buyers need to keep in mind when shopping for their home. FHA approved lenders are able to offer mortgages with enticing rates for people that might not qualify for a Fannie Mae or Freddie Mac home loan.
To help homebuyers in Wisconsin, there are government-backed programs to make buying a home more affordable. The FHA home loan program offers buyers an attractive loan that could make buying a home easier. There are many reasons why choosing an FHA home loan could be your best option, but there are some restrictions with this […]
For potential home buyers who are in need of saving money on their purchase, there are some great ways to buy a home with a no or low down payment requirement. A few of the loans have very specific requirements in order to qualify. However, as we will show, most of these loans are available […]
Back in 2009, as the mortgage crisis was slowly ending, many homeowners found themselves in a terrible position; their home was worth much less than their current mortgage balance. To persuade people to stay in their homes and avoid a wave of foreclosures across the country, Fannie Mae and Freddie Mac introduced the HARP plan. […]
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
Indiana USDA Rural Development Mortgage When looking to buy a home in Indiana, saving a large down payment could delay your purchase for years. Your lender might require 5% of the sale price as a down payment to qualify for the loan, but with a USDA Rural Housing guaranteed home loan, this is something you […]
When mortgage rates drop, current homeowners are faced with the big question “Should I refinance my mortgage?” Learn the top reasons to refinance your home!
Take the time to understand how the debt-to-income ratio works and what you can do to bolster your chances of getting approved for a mortgage.
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.
Qualify for a Texas USDA Loan If you want to buy a home in the state of Texas, a conventional mortgage might not be your best option. If the home is outside of urban areas, a USDA Rural Development loan might be more suitable for your requirements. The Advantages of Choosing a USDA Loan For […]
