Tips for a Successful Loan Transaction
The Do’s and Don’ts of the Mortgage Process There have been many changes in the mortgage industry over the past few years. You will find the process requires a lot of documentation and is more involved than ever. Lenders must document all of your...
2 Myths That May Be Holding You Back From Buying
Fannie Mae’s article, “What Consumers (Don’t) Know About Mortgage Qualification Criteria,” revealed that “only 5 to 16 percent of respondents know the correct ranges for key mortgage qualification criteria.” Myth #1: I need a 20% Down Payment Fannie Mae’s survey...
FHA – Benefits
The FHA mortgage program is popular with many home buyers. Here’s a quick look at some of the key features and benefits that so many consumers enjoy: LOW DOWN PAYMENTS ARE ALLOWED High loan to value percentages lower the amount of money that borrowers need to save...Page 1 of 1