Why Mortgage Offices Are Pickier Than Ever Before

If you look around your neighborhood, chances are there are at least a few homes which have been sitting on the market for sale, for a lengthy period of time. Many of these homes are for sale as a result of foreclosure. Some of them will sit for several months before...

Home Financing Tips to Consider

Buying a new home usually requires home financing. After all, very few people can afford to buy a home with cash. When you’re going through the process of home financing, consider these questions to ask yourself or your lender. 1. Can you afford the new payment? Sure,...

FHA Loans and Mortgage Financing

FHA loans are designed for borrowers with limited funds for down payment and closing costs and less than perfect, but not bad credit histories. FHA Loans are mortgages that are insured by the Federal Housing Administration in case of default. This program helps...