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...
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...
Selecting a Contractor
Home improvements and repairs can cost thousands of dollars and are the subject of frequent complaints. When selecting a contractor:
Get recommendations and references. Talk to...
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...
The FHA 203K loan program is designed to help finance the rehabilitation and repair of run-down properties. It has been utilized as a primary tool in revitalizing run down neighborhoods.
What is the FHA ...
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...
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...