Who Should Apply for FHA loans and VA Mortgages?
Who should apply for FHA loans rather than take regular home loans, and are veterans better with FHA or VA mortgages? Let’s first look at why people apply for FHA mortgages, and then discuss the FHA...
View ArticleStandard Mortgage or FHA Mortgage: which Should You Choose
There are many questions regarding differences between standard or FHA mortgages. An FHA mortgage is not offered by the FHA (Federal Housing Administration), but is insured by that body. In effect, the...
View ArticleBoomerang Buyers and Mortgage after Foreclosure
Boomerang Buyers is the name given to those that are being offered new mortgages after suffering foreclosure on their previous homes. Foreclosure is a dreadful thing to happen to any home owner....
View ArticleWhat is an FHA Loan: VA and FHA Mortgage Insurance
What is an FHA loan? The quick answer is that an FHA loan that is backed by the FHA. VA and FHA mortgage insurance protects lenders against non-payment of a loan by the borrower. Although the...
View ArticleFHA Mortgage Versus Conventional: Which is Best?
If conventional loans are like square pegs for square holes, FHA loans have government backing that square’s the circle and helps put the round peg in that same square hole. There is a cost to this, so...
View ArticleNewlywed Mortgage Basics
Purchasing a new home together can be a wonderful way to start a new journey of togetherness for newlyweds. This new home will be an abode in which to share beautiful memories and happiness. Buying a...
View ArticleHome Appraisal Basics: Who Needs An Appraisal?
When it comes down to the home appraisal basics what matters is the value that the lender will agree on as much as what the seller is willing to accept. This is because in many ways real estate sales...
View ArticleWhat Can FHA and VA Mortgages Offer Me?
Since the disaster of the sub-prime home-loan crisis that started in 2007 and really has not completely resolved itself in 2014, it has been just a little harder to get a government-backed mortgage....
View ArticleThe Latest Requirements In Buying A Home
Easier To Get If You Don’t Need It For those that have the resources for conventional financing the goalposts are still in the same place as in past decades. That is the advantage of being in a...
View ArticleHow to Get Help Purchasing Your First Home
More Help Than The Average Mom And Dad Can Give If you are not familiar with the ins-and-outs of real estate in its central role to the American Dream you could be forgiven for thinking that...
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