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...
The FHA has had a program involving streamlined refinance options since early 1980s. The programs is designed for less documentation and a speedier approval process.
What is the FHA Streamline Refinance...
Find out the possible advantages and disadvantages of an owner-financing arrangement for both the home seller and potential buyer.
If you’re considering entering into an owner-financing arrangement for...
In order to purchase your house you probably had to borrow money from lending institution (bank, mortgage company, etc). When you signed the load documents you agreed that in the event you cannot make your...
Times have changed and unlike a few years ago, it is not easy to sell a home in today's depressed real estate market. If you are not in a position to stay in your home and "wait out the storm", you must be...
Surprisingly, FHA loans are some of the easiest to qualify for. In order to know how to qualify for an FHA, you need to know the FHA loan requirements.
FHA Loan Requirements
The FHA is a part of HUD (U.S....
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...