Mortgage
Have you taken a loan for your house and own at least 20% equity? Now is the best time to benefit from refinancing and cash-outs. We are only half-way through 2019 and we can already see the dynamic changes in the housing market. The current housing market is incredible – with the plunging mortgage rates… [Read More]
The FHA loan program was created by the federal government after the Great Depression. It was introduced to help lower and moderate income individuals and families gain access to home ownership.
A VA loan process entails multiple steps, one of which is performing an appraisal of the property for which the VA lender is to grant you a loan. It is carried out by an appraiser, hired by the lender.
Conventional and FHA loans are fundamental sources of financing for many home buyers. Both these products play an integral role in the housing market.
You’ve learned that you have little one on the way. The excitement is up, baby shops visited and registry finalized. However, you are not done planning. Looking around your current home, you realize that it may not be the most kid-friendly place. It is time for you to go house-hunting. Before you embark on the… [Read More]
With a plethora of loan options available in the housing market today, homebuyers have a number of financial support options to choose from. One of the few loan programs leading over the rest is the Federal Housing Administration (FHA) loan. This loan can be accessed through authorized lenders in most parts of the US, including… [Read More]
Setting yourself up for a content financial future requires much diligence. One step at a time, one healthy financial habit after another is how you secure a better grip on your spending, and reach your financial goals. Poor financial habits may seem to have minor impact at this point, but imagine making huge purchases in… [Read More]
Homebuyers are at a considerable advantage when it comes to getting loans in the US. The post-WWII era included the start of new home loan opportunities, paving the way to a growing housing market. Despite the occasional fallouts in the economy, the loaning culture remains strong and consistent, with more options to suit different homebuyer… [Read More]
Taking up loans becomes necessary in most financial circumstances, when you need that extra help to move along a major investment decision in your life. A few examples include purchasing a new home, or choosing a new car, and even opting for higher studies with high fees. In any of these cases, improper financial planning… [Read More]
There are certain determinants in financial acquisitions, serving to confirm or deny their approval. When it comes to home purchases, lenders use specific ratios to decide whether they will approve of a real estate loan. The loan to value ratio is one of the primary instances of these. In simple terms, a LTV ratio is… [Read More]
