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.
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USDA Rural Development Loan in Texas
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 […]
Non-Occupying Co-Borrower Guidelines: FHA and Freddie Mac Edition
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.
Why an Emergency Fund is Important
Whatever the situation may be, everyone needs to have some money set aside in an emergency fund to help them get through difficult times.
Virginia USDA Rural Development Mortgage Program
When you want to buy a home, finding the best mortgage program could make a significant difference to your long-term finances. If you are looking to live in rural Virginia, you could benefit from the advantages offered by the USDA’s mortgage program. Choosing a USDA Mortgage Loan The United States Department of Agriculture has a […]
WHEDA Loan Requirements: Wisconsin Housing and Economic Development Authority
Back in the early ’80s, Wisconsin recognized the opportunity to help its citizens with homeownership opportunities by implementing specific unique mortgage programs. From this desire, the Wisconsin Housing and Economic Development Authority (aka WHEDA) was created. Since its inception over 1,000 grants have been awarded, enabling people to find their own place to call home. […]
To Escrow or Not to Escrow, That is The Question . . .
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.
Texas VA Loans
Texas VA Home Loan If you have served in the military and now want to buy a home in Texas, the VA loan program is worth considering. This program has helped over 20 million veterans buy property and offers many advantages. Choosing a VA Loan When Buying a Home in Texas The VA loans program […]
Fannie Mae HomeReady® Mortgage Program
Due to the popularity of the FHA program, Fannie Mae has felt the pinch of competition. In order to serve more people, Fannie May introduced the My Community Mortgage program. This program has been retired and was replaced with the HomeReady® program. The HomeReady® mortgage makes it possible for people with low to moderate-income to […]
VA Refinance
VA Refinance (Non-Streamline) A home loan, or a mortgage, is just like any tangible part of a home; it can be replaced. Appliances get updated or replaced due to improvements in efficiency. Carpeting, paint schemes, furniture and décor are replaced in order to accommodate different needs or to stay current with modern styles. A mortgage can […]