Bella Mertz If you have less-than-stellar credit or youâre a first-time home buyer, FHA loans can offer a number of benefits to help you overcome some of the most common obstacles to homeownership. These benefits include relatively lenient income and credit score qualifications, as well as a down payment requirement as low as 3.5%. FHA loans are … Read more
If you have emergency expenses and are currently in need of financial assistance, then online title loans in Texas can be an option for you. Not only can you apply for a title loan online, but you also don’t have to visit the store either if you would prefer not to. We come to you! … Read more
For many homeowners, home loans from the Federal Housing Administration (FHA) make homeownership attainable and affordable. This type of home loan has less stringent requirements than conventional loans. But while the requirements are more flexible, FHA mortgages still have requirements home buyers must meet, including paying closing costs. If youâre considering an FHA loan to … Read more
Buying a large piece of land to build a house or start a business on is an exciting prospect! However, land can be expensive, so most people need to take out a loan to afford it If you’re thinking about getting a loan to buy a lot of land, this article will tell you everything … Read more
Whether youre a first-time homebuyer, moving to a new home, or want to refinance your existing conventional or FHA mortgage, the FHA loan program will let you purchase a home with a low down payment and flexible guidelines.580 Credit Score- and only -3.5% Down RELATED ARTICLES FHA loan limits were established to define how much … Read more
Multiple borrowers can apply for a VA loan together. But, co-borrowers may have to remove one of their names if divorce or other circumstances affect the arrangement. The VA Lender’s Handbook, VA Pamphlet 26-7, outlines the rules of the VA loan program, including those for removing a borrower’s name from a loan. Editor’s Note: Veteran.com … Read more
Considering whether to borrow money for a down payment on a new home? You have options, which include taking out a home equity loan or home equity line of credit (HELOC), or even asking a friend or relative for a private loan. Below, you’ll learn the pros and cons of the various ways you can … Read more
A fixer-upper loan may be a good option to buy a house that needs some TLC and pay for the repairs needed to turn it into your dream home. These loans are designed to give you the money you need to buy and renovate the home at the same time. Understanding how the different fixer-upper … Read more
If you’re looking for an alternative to a traditional, site-built home, you may want to consider financing a mobile home through the FHA manufactured home loan program. Sometimes called an FHA loan for a mobile home, this government-backed mortgage option allows borrowers with imperfect credit to purchase an affordable home. Buying a manufactured home can … Read more
Seeing your dream home come to life right in front of your eyes is an incredible process. It’s something you’ve waited so long for, and you’ve picked out every little detail down to the colors, patterns, and finishes. There’s no denying that building your dream home requires many steps. One of the most significant milestones … Read more