Millennials and Mortgages: Why FHA Loans Are So Popular

Jul 14, 2017 (1) comment

Millennials and mortgages is a hot topic among those in the real estate industry. According to a recent study, 35% of millennial home buyers...

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Are FHA Graduated Payment Mortgages Right For Me?

Jul 11, 2017 (0) comment

Many low income home buyers who expect better earnings over the next 5 to 10 years may decide that a Graduated Payment Mortgage is...

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FHA Guidelines for Home Buyers

Jul 07, 2017 (4) comments , ,

For many first time home buyers, there does not seem to be an obvious mortgage checklist for getting a home loan. Not without speaking...

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Home Loans – Can You Get A Mortgage with Large Credit Card Debt?

Jul 06, 2017 (6) comments

Owing too much on your credit card accounts can negatively affect your credit scores, but it’s not the end of the world. However, as...

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Growing Equity Mortgage Requirements

Jul 05, 2017 (0) comment

A Growing Equity Mortgage (GEM) is a fixed rate mortgage that is structured so that your monthly payments start low and increase over a...

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When Do You Need Private Mortgage Insurance?

Jul 03, 2017 (3) comments

In most cases, you need private mortgage insurance, seen in the mortgage calculators as PMI, if you make a down payment of less than...

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Mobile Apps Are Changing the Home Loan Application Process

Jun 28, 2017 (0) comment

On June 29, 2007, Steve Jobs and Apple introduced the very first iPhone and this month marks its 10 year anniversary. Before that other smartphones were...

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Can You Buy a Foreclosed Home with a FHA Loan?

Jun 27, 2017 (0) comment

When someone purchases a home, that property effectively serves as the bank’s collateral. This means that if the homebuyer stops making payments to their...

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FHA Loans with Bad Credit – Can I Qualify?

Jun 22, 2017 (31) comments

For anyone that is familiar with the mortgage process, we know that credit scores determine your ability to qualify for a home loan… Actually,...

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Home Credit: What FICO Score Is Needed to Buy a House?

Jun 20, 2017 (48) comments

If you plan to purchase a home, you should be aware of two very important terms, credit and mortgages. For many reasons, these terms are...

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