Fox News advises against using exotic mortgages. If you are looking for a low down payment, get a mortgages backed by the Federal Housing Administration (FHA). Read the Fox News report: 4 mortgage … [Read more...]
FHA Refinance | FHA Streamline Refinance, FHA Cash-Out Refinance
Are you thinking about refinancing your home mortgage? There are several home refinancing options available to you, depending on your particular circumstances. One of those options might be to … [Read more...]
FHA Home Mortgage Guide
FHA Home Mortgages can be somewhat confusing, especially for first-time homebuyers. As a result, we have put together an FHA Home Mortgage Guide to help you better understand one of the most important … [Read more...]
Anti-Flipping Rules For FHA and Conventional Mortgage Lenders
FHA and Conventional Mortgage Lenders have certain rules pertaining to property flips. If you aren't aware of these rules, you could agree to purchase a home that has limited financing … [Read more...]
Property Flips: Do you need to wait to buy or sell a property that was recently purchased?
With the real estate market making a comeback and investors getting back in the market, we are beginning to see more borrowers buying homes which have been purchased and renovated by investors and … [Read more...]
First-Time Homebuyers May Benefit From Buying a HUD Home with an FHA Home Mortgage
Many first-time homebuyers have the same types of questions about the best methods for obtaining HUD Homes and an FHA Home Mortgage. Finding the proper answers can often be a challenge. But here we … [Read more...]
FHA Allows Borrowers to Wrap the Cost of Repairs and Improvements into a Single Mortgage
Fox Business reports this week that an FHA "Section 203(k) loan allows borrowers to wrap the cost of repairs and improvements into a single mortgage." Homeowners who buy an older home or … [Read more...]
