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PostThere are several differences between FHA 203(k) home loans and Standard FHA 203(b) home loans, but the primary difference is that the 203(k) home loan...
There are several differences between FHA 203(k) home loans ...
PostA debt-to-income ratio is the percentage of a consumer’s monthly gross income that is spent on repaying debts. Gross income is the total income earned...
A debt-to-income ratio is the percentage of a consumer’...
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PostA straw buyer is a person that buys a home on behalf of another person. As one can imagine, this is frequently used in fraud...
A straw buyer is a person that buys a home on behalf of anot...
PostA 1031 tax exchange is a special kind of property swap that allows investors to defer federal capital gains and recaptured depreciation taxes following the...
A 1031 tax exchange is a special kind of property swap that ...
PostNow that we’re approaching what some believe is the tail of the recession, prudent investors and first-time buyers alike are looking at the current housing...
Now that we’re approaching what some believe is the tail o...
PostThere’s a website called Backpage.com that, at first glance, looks like a Craigslist wannabe. Its homepage is a hub, listing states and localities that an...
There’s a website called Backpage.com that, at first glanc...
PostImagine a solution to the housing crisis that would keep hundreds of thousands (if not millions) of home loan borrowers in their homes, bring their...
Imagine a solution to the housing crisis that would keep hun...
PostToday’s home loan borrowers are the brave vanguard of this financial crisis, receiving blow after blow, as they weather declines in home equity, watch the...
Today’s home loan borrowers are the brave vanguard of this...
PostThe end of the Great Recession was officially announced in June of 2009. Over two years have passed in our apparently recession-free nation, but we...
The end of the Great Recession was officially announced in J...
PostHome equity conversion mortgages, more commonly known as reverse mortgages, are a type of home loan that allows individuals to withdraw some of the equity...
Home equity conversion mortgages, more commonly known as rev...
PostBorrowers who need money to pay for a large expense like college, medical bills or home repair costs can apply for a home equity loan,...
Borrowers who need money to pay for a large expense like col...
PostThe Federal Housing Administration (FHA), a program through the U.S. Department of Housing and Urban Development, was established in 1934, just after the Great Depression....
The Federal Housing Administration (FHA), a program through ...
PostFor individuals who have served in the military, there are additional benefits to help in financing mortgage loans. The Veterans Affairs (VA) Home Loan Program...
For individuals who have served in the military, there are a...
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