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Features of Reverse Mortgage Loans
Housequestionthumb A reverse mortgage is special type of loan for senior homeowners that use a home's equity as collateral and you do not have to repay the loan as long as this home remains your principal residence. Because a...
Tags: MortgageHomeownerThriftyFinancial
FHA Streamline Refinance
Fha 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...
Tags: HomeownerFHA LoanMortgageThriftyStaff Pick
Pros And Cons Of Owner Financing
Mcsm 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...
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Funds for Handyman-Specials and Fixer-Uppers
Fixer_th 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...
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FHA Home Loan Financing and Benefits
Familyhome120 FHA Home Loan Financing and Benefits FHA home mortages have many advantages from lower downpayments to stronger protections. Benefits of an FHA insured Mortgage How can the FHA help you buy a home? FHA...
Tags: HomeownerFHA LoanMortgageThrifty
HAFA provides new short sale and deed-in-lieu options
Lifepreservermoneysm 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...
Tags: HAFAHomeownerForeclosureStaff Pick
Loan Modification: Is it Right For You?
Scalehousesm What is loan modification? How is it different than refinancing a mortgage and what does it take to qualify for a lenders loan modification program. What is loan modification? President Obama recently...

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