Those who want a home loan have to prepare for the new loan application in several ways–financially, through saving up for the down payment and closing costs, and with credit prep. That can mean working on your record of on-time payments, lowering your overall debt amounts, and avoiding new credit in the meantime. When applying for any large line of credit, there are some things that can stop your loan dead in its tracks. If | more...
What should borrowers know about FHA cash-out refinance loans? If you are thinking of cashing in on the equity built up in your home in | more...
What do you need to know about FHA refinance loans? If you are considering your options and aren’t sure about some aspects of the FHA | more...
Reverse mortgages have become increasingly popular as a retirement financial planning tool. They give homeowners a way to access their home equity without having to | more...
Many future homeowners want to know about the income requirements for an FHA loan–are you worried that you won’t qualify for an FHA mortgage because | more...
How do you know you are ready to apply for an FHA home loan? And by that question, we mean sending the documents to the | more...
First-time home buyers looking for their first home and a participating lender to apply for an FHA mortgage loan may not know exactly what they | more...
If you’re looking at your home loan options, now is the time to brush up on some mortgage terminology. Our friends at FHA.com have made it easy with their Homebuyer Terminology animations.
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First of all, the Department of Veterans Affairs does not allow VA lenders to offer standalone land loans utilizing a Veteran’s home loan eligibility. However, | more...
If you are interested in purchasing a piece of land and financing it through a VA-approved lender, there are several loan options available for you. | more...
You can use a One-Time Close construction loan to build a new home on your own land or land you buy in conjunction with the | more...
