If you are a credit-worthy borrower that just doesn’t have a large down payment, you may be a good candidate for the Home Possible program. This Freddie Mac program provides you with conventional financing while only requiring a 3% down payment.Looking for Current Mortgage Interest Rates? Click Read more
Loan Application: the Most Important Document You’ll Ever Need
Lenders and borrowers alike, there is a document that is the most important one of all to them - the loan application. Without it, all the other documents are useless. More than the figures, it tells a story.If you’re a borrower, you’re going to need to tell the story. If you’re the lender, Read more
The Top Reasons to Buy a Fixer Upper
As the economy continues to improve, it is still common to see home buyers purchase homes that were rundown. They could have been abandoned as a result of the numerous foreclosures that took place or they could be located in an area that was hit hard by the economy and has just gone downhill since Read more
Benefits to a FHA Home Loan
FHA home loans are the most popular mortgage loan option in the mortgage market because of the many benefits offered by the FHA also known as the Federal Housing Administration. Many borrowers are choosing the FHA home loan programs over other conventional loans because the FHA offers lower down Read more
Raising Your Credit Score for a Home Loan
Whether you’re a first time home buyer or you are buying your 10th house, there is nothing quite as exciting than buying a new home and being able to finance it with good terms and great interest rates. However, that could be hard to accomplish if you have less than perfect credit. The good news is, Read more
