FHA home loans, which are insured by the Federal Housing Administration (FHA), are great financing options for any homeowner who wants to purchase a house or refinance his or her current mortgage. These loans have low interest rates and usually only require down payments of 3.5 percent! FHA loan requirements are simple, so current and [...]
VA home mortgages are a benefit available exclusively to those who have served our country; this includes eligible veterans and men and women currently in the military. In addition to their exclusivity, these loans also require no down payment and no mortgage insurance. These two factors save applicants money and leave them with more money [...]
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 [...]
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 [...]
Veterans and men and women currently serving in the military who are considering home financing options should look into a VA loan. Because of their service to the United States, they have earned the privilege of having certain benefits. One of these benefits is a VA mortgage to help them finance their homes. This type [...]
This lunchtime The Bank of England once again held the base rate at 0.50%. This was widely expected by analysts as the Bank, The Treasury and the Financial Services Authority (FSA) try to speed up the economic recovery.
Back in October last year the FSA announced plans to ban self-certification mortgages in an attempt to ensure [...]
VA home loans are similar to conventional loans, but offer greater benefits. This type of financing is only available to veterans and servicemen and women who are currently in the military. A knowledgeable VA loan specialist is a good resource for homeowners who want to find out whether this type of financing is the right [...]
