Why is approval important and valuable? The Federal Housing Authority, commonly known as the FHA, does not issue mortgages, contrary to popular opinion. They do provide mortgage insurance to lenders on behalf of qualified applicants and as such, are important players when it comes to the availability of mortgages. It is estimated that approx. 60…
To invest in real estate, you need money for a down payment and for the actual purchase of the property. There are different ways to get the money you need for investing and buying property. This article is intended to share some ideas of how you can get the money you need to buy property….
WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) today announced an agreement with Bank of America (BOA) to settle a claim that the mortgage lender refused to provide financing to a lesbian couple. The agreement is the first enforcement action taken against a lender involving HUD’s recent rule ensuring that the Department’s…
When you think of the American dream, you usually think of owning your own home. You envision a beautiful house with a white picket fence and flowers in the front yard, or maybe a really nice new condo with great amenities and a view. Whatever your idea is of the perfect home, it is all…
There are many different types of home loans that are available to you as a buyer. In fact, banks and other lending institutions have dozens of different loan programs that you can choose from when you are purchasing a property or refinancing one. It is not possible to cover all of them in this article,…
