How Can FHA Loans Help You Buy a Home?

FHA loans are specifically designed to assist homebuyers in purchasing homes they couldn’t afford if they opted for other types of mortgages. The Federal Housing Administration (FHA) was founded in 1934, and its aim was to help people purchase homes. This organization does not make any loans, but it does insure the finance that private […]

Should You Refinance Your Mortgage?

If you are like many homeowners, you may have wondered if you should refinance your existing home mortgage.  While refinancing can be one of the best decisions that some homeowners can make, for some, it may not be the best time. And there are many reasons why some should wait. Many people jump into refinancing […]

Tips for First Time Home Buyers

In the present scenario, home prices have come down in most markets and so have the interest rates. These are enough motivating factors for you to consider buying your first home. If you’re making plans to embark on the exciting adventure of shifting out of rented accommodation and being among the proud first time home buyers, you […]

5 Reasons Why Getting a Mortgage Will be Harder in 2014

Do you recall the housing market crisis that occurred a few years ago? During this meltdown there was a huge bailout for large lending institutions that was funded by taxpayers. Some financial institutions were underwriting loans, and then selling them to lenders. These institutions were receiving a good amount of money in fees for these […]

Refinancing Obstacles and How to Overcome Them

Obstacles

After seeing the rates hit the bottom, the job market and economy are slowly improving, and the government is devising new programs to assist homeowners. Now appears to be a good time to refinance your home. In theory, these factors would normally result in creating a home refinancing boom. But in the real world, locking […]

How to Improve Your Credit Score to Buy a House

Credit Score

There are obstacles that many people face when buying a home, particularly for the first time. Bad credit is a problem that plagues many potential homeowners. Your credit score is a direct factor in the decision of your loan approval or denial. It also determines the interest rates you will pay on a new home. […]

Top Home Refinancing Tips | Top Tips

If you’ve been waiting for an ideal time to get a home refinance, now is the time to get into action mode. In spite of being slightly underwater on your loan, if you have a good credit rating, some perseverance coupled with reasonable shopping skills can help you bag the best deals this year. Here […]

Home Refinance Tips for the Season

If you’ve been waiting for an ideal time to get a home refinance, fall/winter is the time year to get into action mode. In spite of being slightly underwater on your loan, if you have a good credit rating, some perseverance coupled with reasonable shopping skills can help you bag the best deals this season. […]

Reasons for Not Refinancing: Look a Little Further

In spite of low rates, many homeowners haven’t refinanced the mortgages on their homes for various reasons. I have some suggestions regarding the steps they can take towards refinancing- if not immediately, at least in the near future. Credit score The first thing that lenders consider whether you’re buying or refinancing is your credit rating. […]

Refinancing Q&A

Refinancing should not be a decision that is made lightly. The process takes a lot of time, effort, and patience, and it involves a good amount of research in order to be certain that it is done correctly. The question “Should you refinance?” cannot be answered simply since the answer depends on many different factors. […]