Browse > Home /

| Subcribe via RSS

FHA 203K Loan Makes Financing a Home in Need of Repairs Simple

The FHA 203K loan is a type of financing that is insured by the Federal Housing Administration. It is a unique type of financing that allows homeowners to obtain both a purchase loan and rehabilitation financing in the same transaction. Before this transcendent loan program, a homeowner had to obtain an initial, temporary loan to [...]

Tags: , , , , , , , , , , ,
No Comments | Posted in Finances

Lenient FHA Loan Guidelines Make Now a Great Time to Apply

FHA loans are a great option for first time homebuyers on the house hunt, as well as current homeowners who are looking to refinance their current mortgages. These loans offer low down payments, as well as low interest rates, which helps keep monthly mortgage payments low. This type of financing, which is insured by the [...]

Tags: , , , , , , , ,
No Comments | Posted in Finances

FHA Loans Can Still Provide Many Benefits

Many prospective homeowners and mortgage professionals have heard that the regulations for FHA loans are changing. After the sub-prime mortgage industry died down, the FHA home loan program became the scapegoat for any and all problems associated with the housing market. Critics believe that the FHA loan program is too lenient on its credit requirements. [...]

Tags: , , , , , , , , , , ,
No Comments | Posted in Finances

Home Loan Modifications ? Fraudulent or Viable Solutions

Today, millions of people are trying to keep their home from going into foreclosure. To keep this from happening, many mortgage lenders offer a home loan modification. Obviously, the last thing lenders want is for homeowners to lose their property, a horrible situation for the homeowner but the lender too in that both parties lose [...]

Tags: , , , , , , ,
No Comments | Posted in Finances