FHA reform is changing the rules for securing an FHA-insured mortgage loan, but FHA loans still provide the best opportunity for those who don’t meet the requirements of a traditional home loan.
By now...
The purchase of a house that needs repair is often a catch-22 situation, because the bank won't lend the money to buy the house until the repairs are complete, and the repairs can't be done until the house has ...
Buying a home with an FHA Loan? Putting less than twenty percent down? You will very likely be required to purchase FHA mortgage insurance.
What Is FHA Mortgage Insurance and Who Needs It?
Mortgage insurance ...
Reverse mortgages can offer extra cash for seniors, but there are drawbacks. Learn what you should take into consideration before taking out a reverse mortgage.
Seniors are feeling just as cash-strapped as...
The key components of Obama's foreclosure-avoidance program are loan modification and loan refinancing. The details of this provision has created an extraordinary opportunity for millions of people to either...
Staging your home can improve your sale price and get your home off the market quickly. Learn the top five things to do when staging your home for sale.
Home staging is becoming more popular as buyers become ...
A new federal government program, called Home Affordable Foreclosure Alternatives, encourages lenders to pursue alternatives to foreclosure.
Millions Facing Foreclosure
No homeowner wants to face...