by maria | Sep 8, 2016 | Exclusive QA |
Many builders offer financing incentives to help move more buyers into a project. In fact, major building companies often have their own mortgage brokerage subsidiaries, while many other builders routinely refer buyers to ‘preferred’ local lenders. If it...
by maria | Sep 8, 2016 | Exclusive QA |
The Federal Housing Administration (FHA) is an agency within the Department of Housing and Urban Development (HUD). Its main goal is to help provide housing opportunities for low- to moderate-income families. FHA has single-family and multi-family mortgage programs...
by maria | Sep 8, 2016 | Exclusive QA |
There are several new government programs that have been launched or are expected to launch to help prospective homeowners. Stay in touch with federal, state, and local housing offices regularly. They offer many programs that come and go based on a changing economy...
by maria | Sep 7, 2016 | Exclusive QA |
They can remain on your credit record for seven to 10 years; however, a borrower who has worked hard to reestablish good credit may be shown some leniency by the lender. The circumstances surrounding the bankruptcy may also influence a lender’s decision. For...
by maria | Sep 7, 2016 | Exclusive QA |
It can happen. But a lot will depend on your circumstances and the mortgage interest rate you are willing to pay. Generally, most lenders will consider your request for a home loan two to four years after your foreclosure. Predatory lenders will issue a home mortgage...