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 […]
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!
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.
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.
Rather than provide their kids or grandkids with a check as a down payment on a home, some people choose to offer a gift of equity on an existing home.
If you are looking to make a low down payment or if you are a veteran, the government may be able to help you with a Wisconsin, Illinois, Minnesota or Florida purchase or refinance! Check out these great government mortgage programs: FHA Mortgage Home Loans FHA loans are loans insured by the Department of Housing […]
A USDA loan is a great way to buy a house. The ability to borrow up to the home’s value at interest rates that are competitive with FHA and conventional loans makes this a great option for first-time home buyers. There are also new USDA income limits that make the USDA mortgage even better in […]
The FHA 203k loan is a good way to buy a home and also get the extra money that can be used for renovations, repairs or both. There are good points and bad points to the loan and all of these should be considered before making a decision to purchase a property.
The ULTIMATE Guide to Winter Curb Appeal ideas. Getting a home ready for sale is similar to picking out the right outfit for a vacation; you have to know the climate and the season. Tips and ideas that are great for summer are not quite as effective in the fall and winter. To help people out through the holidays and beyond we have combined a list of ideas and tips focused on listing a home during the winter.
These are steps that many home buyers miss, and later wish they hadn’t. We look at the 20 things you should be doing after closing on your new home so that you don’t make the same mistakes.
