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...
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...
Loan modification and loan refinancing are two components that make up the Obama Foreclosure prevention plan. This FAQ will help you determine if qualify and what you need to do.
Obama's Making Home...
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 ...
In the current economic envirionment, there are some incredible deals on HUD homes. This article will answer all your questions on the hows and wherefores of buying a HUD home.
Question 1: What is a "HUD...
There are two possible scenarios when considering an FHA refinance. Both of these scenarios are based on what kind of current loan you are trying to refinance.
FHA Refinance First Step
The first step in...
In order to purchase your house you probably had to borrow money from lending institution (bank, mortgage company, etc). When you signed the load documents you agreed that in the event you cannot make your...