A California USDA Guaranteed Rural Development Home Mortgage Loan is a flexible no down payment government insured program that is growing in popularity for Inland Empire residents and other rural areas of California. It’s designed to promote home ownership for moderate income wage earners who have limited savings for a down payment. The USDA loan … Read more
If you have taken out a home loan or mortgage dealing with your loan servicer is inevitable. Your loan servicer is the company you make your mortgage payments to and that handles issues related to your home loan. Having the right contact information for your home loan servicer can make your life much easier when … Read more
Throughout the lifecycle of a construction project, the ebb and flow of funds are as constant and critical as the work onsite. Significant sums of money are allocated, received, spent, and accounted for at various stages. One factor in understanding the financial health of a project is creating and managing a schedule of the projected … Read more
If youâve recently moved to the U.S. and do not yet have a Social Security number, you may still be able to get a credit score.Share Nova Credit is a cross-border credit bureau that allows newcomers to apply for U.S. credit cards, phone plans, and loans using their foreign credit history. We and all of … Read more
The flexibility of an FHA mortgage is often underappreciated. Many homebuyers are surprised to find that FHA loans can be used to finance a variety of property types, including new builds. FHA new construction loans are a good option for any homebuyer who isn’t able or willing to make a large down payment on a … Read more
Mobile and manufactured homes can be an affordable way for many folks to achieve homeownership With average prices ranging from $60,000 to $100,000, these factory-built homes cost significantly less than site-built houses But not everyone has enough cash on hand to pay for a mobile or manufactured home out of pocket. This is where financing … Read more
When you make a home purchase offer, including an earnest money deposit demonstrates your commitment and introduces the critical role of a mortgage or loan contingency in the buying process. Known as the earnest money deposit, this shows that you’ve got skin in the game, and represents your good faith to buy the home. This … Read more
Getting an FHA loan can be a great way for many homebuyers to purchase their first home. With lenient credit requirements and low down payments, FHA loans make homeownership attainable for those who may not qualify for other types of mortgages. But can you get an FHA loan more than once? Or are you limited … Read more
The United States Department of Agriculture (USDA) home loan program helps low-to-moderate income buyers purchase homes in rural areas These government-backed mortgages require no down payment and offer below-market interest rates. To qualify for a USDA loan, your household income must fall under a maximum limit set by the agency. This income cap varies based … Read more
It’s official. You’re ready to move on to the next chapter in your life. You’ve met the necessary service requirements and now you’re ready to apply for a VA home loan. But how long will it be before you’re able to close on your loan and get the keys to your new abode? Here’s what … Read more