Homeowners seeking mortgage help through loan modification programs such as HAMP and HAFA, may face another issue—lower credit scores.
Loan Modification and Credit Scores
Homeowners on the verge of...
The purchase of a house that needs repair is often a catch-22 situation, because the bank won't lend the money to buy the house until the repairs are complete, and the repairs can't be done until the house has ...
You’ll need time and the right temperament to purchase a short sale property, but you could save thousands if you do.
It’s no secret that some great real estate deals are out there, thanks to our...
Almost anyone can buy a FHA foreclosed home, offered by HUD, and usually get a good bargain.
What Is a HUD Home?
Let's say someone has bought a residential home with a Federal Housing Administration (FHA)...
Selling your home on your own can save you thousands of dollars in commissions, but you have to be willing to put in the extra effort. Learn how to go through the “for sale by owner”...
If you have an FHA loan, a new loan modification program can help you lower your monthly payments.
Lower Your FHA Loan Mortgage Payments
Have an FHA loan? Want to reduce your mortgage payments? Loans backed...
The FHA has had a program involving streamlined refinance options since early 1980s. The programs is designed for less documentation and a speedier approval process.
What is the FHA Streamline Refinance...