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 key components of Obama's foreclosure-avoidance program are loan modification and loan refinancing. The details of this provision has created an extraordinary opportunity for millions of people to either...
Many are shocked when they learn how much they owe to close on their mortgage. But there are ways to save before you sign on the dotted line.
Closing costs seem to be a necessary evil when securing a new, or...
Find out the possible advantages and disadvantages of an owner-financing arrangement for both the home seller and potential buyer.
If you’re considering entering into an owner-financing arrangement for...
FHA Home Loan Financing and Benefits FHA home mortages have many advantages from lower downpayments to stronger protections.
Benefits of an FHA insured Mortgage
How can the FHA help you buy a home? FHA...
A reverse mortgage is special type of loan for senior homeowners that use a home's equity as collateral and you do not have to repay the loan as long as this home remains your principal residence. Because a...
Surprisingly, FHA loans are some of the easiest to qualify for. In order to know how to qualify for an FHA, you need to know the FHA loan requirements.
FHA Loan Requirements
The FHA is a part of HUD (U.S....