Qualify for a Bank Statement Loan for the Self-Employed While the mortgage crisis from 10 years ago may have changed the way mortgages are offered, the bank statement loan program is still available under the right circumstances. This type of non-qualified mortgage loan will require some documentation for the down payment and income, but it […]
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 […]
Virginia VA Home Loan Eligibility Requirements If you want to buy a home in Virginia and have served in the military, a home loan guaranteed by the VA could be a great choice. A loan from the Department of Veterans Affairs has helped many veterans buy a home with many advantages over conventional and other […]
Conventional loans by Fannie Mae and Freddie Mac are available to a wide range of consumers in order to fit multiple situations. If you have great credit and a bit of money saved up, it is likely that one of these conventional loans is perfect for you. Combo Loans This is a great way to avoid […]
An escrow account can be a great benefit to new homeowners that are trying to get their financial plans in order and establish some good money habits.
8 common real estate scams used to trick both home buyers and home sellers. Plus, tips on how to avoid these scams.
Indiana VA Loan: How To Get A VA Loan in Indiana If you have served in the armed forces, you can benefit from a VA loan when purchasing a home. The Department of Veterans Affairs has authorized lenders to offer loans based on their rules. This reduces the risks for the lender as the loan […]
This detailed examination will provide the basics of getting a pre-approval from a local lender, looking for a property, completing the mortgage application and then the closing.
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 […]
Saving for a down payment can hold you back from purchasing a home. But with the Illinois FHA program, you can purchase a home with as little as 3.5 percent down, making saving for the down payment a little easier. You might have money saved in your checking or savings accounts, but family members can also […]
