The loan process for purchasing or refinancing a property that is classified as a “Condominium” can have some additional requirements that in some situations can delay or even prevent the approval of a loan regardless of the qualification of...
As of December of 2015 one of the most innovative loan programs to come around in a long time was introduced to help those who may have trouble buying a home due to down payment and closing cost issues...
For some reason, the FHA mortgage program struggles to get past many misconceptions about this program which helps millions buy and finance their first home. First introduced in 1934 to provide some semblance of stability in the untamed mortgage market,...
Understanding the details of mortgage qualification is crucial to long-term financial success. You don’t have to be a mortgage guru, but you do need to understand the various details that affect how you qualify. Recently, Fannie Mae made adjustments to...
Financing a Home Purchase With a HERO Lien or PACE Lien If you found this article during an online search, it’s very likely you, or the property you want to buy (or refinance), is in some sort of a financial...
With all the gyrations in the stock market in recent years, investors have looked beyond stocks and considered other types of investments as they adjust their portfolios. Hard assets, those that you can feel, touch and see have always...
You want to purchase a home to improve your financial future, but when you start the process, you discover you have limited options because you only have a small down payment. While there are some government programs available, there are...
On its face, getting a home loan application approved is pretty basic fare. All lenders who issue mortgages all follow the same general lending guidelines issued by mortgage giants. The mortgage giants include Fannie Mae and Freddie Mac as...
Surely while flipping channels you’ve run across a cable TV show about buying a run-down home as the stars of the show magically refurbish the dilapidated property. 30 minutes later you can hardly recognize the new creation. It seems...
Financing a home after experiencing a short sale or a foreclosure can be a daunting process yet not impossible. However without proper guidance, potential buyers can be disappointed when their loan application is turned down, not necessarily because of...