If you don’t have the savings to pay a large down payment or a great credit score when buying a home, a Federal Housing Administration (FHA) loan can help. It can make it easier to get approved for a loan with lower down payments. You can buy a home with as little as 3.5 percent […]
If you are using an FHA loan, they allow gift funds to make it easier to be approved for the mortgage. This money could be the difference between buying your home this year or having to wait until you have built up your savings.
What to look for when viewing a house for the first time is more about the inner workings of the home. You want to make sure that all the moving parts that make a home comfortable are working correctly and do not anticipate any major repair in the near future.
Thomas J. McNeal, Founder of T-MCNEAL REAL ESTATE SERVICES in Milwaukee, Wisconsin, launched his career in commercial and residential real estate 33 years ago. Now he’s bringing that experience and Professionalism to the Mortgage industry as a Member of NRL Mortgage. For licensing information, go to www.nmlsconsumeraccess.org
