Section 502 loans are primarily used to help low-income individuals or households purchase homes in rural areas. Funds can be used to build, repair, renovate or relocate a home, or to purchase and prepare...
What is loan modification? How is it different than refinancing a mortgage and what does it take to qualify for a lenders loan modification program.
What is loan modification?
President Obama recently...
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...
Reverse mortgages can offer extra cash for seniors, but there are drawbacks. Learn what you should take into consideration before taking out a reverse mortgage.
Seniors are feeling just as cash-strapped as...
FHA reform is changing the rules for securing an FHA-insured mortgage loan, but FHA loans still provide the best opportunity for those who don’t meet the requirements of a traditional home loan.
By now...
Short sales are on the rise as foreclosure rates continue to mount. Why? Because homeowners, who have fallen behind on their mortgage payments and have seen the value of their homes drop below the purchase...
If your home value is dropping but your property taxes are not, you can appeal the assessed value of your home which may help lower your taxes.
Property values are down, so why doesn’t your property tax ...