Michigan FHA Loan When you are purchasing a home in Michigan, an FHA loan may offer some advantages. Whether you are purchasing your first property, or even if you have owned many homes, a loan backed by the FHA (Federal Housing Administration) could meet your requirements. Benefits of FHA Mortgage Loans If you have had […]
Weighing up the pros and cons will better help you understand whether your unique financial situation best suits an FHA loan.
All properties designated as new, proposed, or under construction must have a valid builder identification number on file with the VA. If you are not yet approved, you will need to complete the following 3 documents to get a VA builder ID number.
Learn how to buy a home with no money down including information on FHA, VA, USDA, conventional programs and state specific loans!
On the banks of Zumbro River in Minnesota is Olmsted County’s county seat, the city of Rochester. Rochester is the largest city in Minnesota behind the Twin Cities metro area. Population and Number of Homes The recent census from 2010 shows that Rochester has 106,760 citizens. There were over 45,000 housing units making the density […]
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 […]
According to a recent update from the Federal Housing Administration, also called FHA, there are higher loan limits available. All areas around the country will benefit from the FHA floor maximum loan limit of $498,257. This amount is the new maximum for a single-family home. FHA also offers financing for multi-unit homes, up to a […]
Experts agree — it’s important to check your credit report regularly to verify your accounts, look for suspicious activity and correct any errors. Now, you can get that information for free thanks to the Fair and Accurate Credit Transactions (FACT) Act. To get a free credit report, you can log on to AnnualCreditReport.com. You can […]
If your situation doesn’t fit the standard expected by lenders, you could find it more difficult to qualify for the home loan you want. But there could be other options that will make financing your home purchase easier.
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.
