Tips for Moving While Pregnant
Wednesday, September 23
If you are pregnant, moving can be very challenging if not outright exhausting. It would be to your advantage to organize and thoroughly plan your move to reduce any possible stress to you or your baby. Purchasing a house and moving typically creates plenty of anxiety, but when pregnant the possi...
How to Avoid Problems in a Real Estate Transaction
Thursday, September 17
Before you consider buying your first house, it is important to understand the real estate process and how to avoid common pitfalls that can lead to your transaction falling through. There are many professionals involved in a real estate transaction; they include: the real estate agent, private h...
What Are the Benefits of the USDA Home Loan?
Thursday, September 10
The United States Department of Agriculture (USDA) offers a residential mortgage loan for qualified individuals purchasing a residential home in designated rural areas. This loan type is also known as the rural housing loan and is available to qualified homebuyers who meet the income and housing ...
How Does the APR Calculation Help a Homebuyer?
Tuesday, September 01
One of the most confusing aspects of shopping for a mortgage is to understand the differences between the annual percentage rate (APR) and the actual interest rate of a mortgage. The interest rate is the actual charge incurred for borrowing the money, but it is not the only costs associated with ...
FHA Streamline Refinance Program
Thursday, August 27
Homeowners with an existing Federal Housing Administration (FHA) backed mortgage are eligible for the streamline refinance mortgage program. This program offers many benefits, which include: no appraisal, less paperwork, and limited underwriting requirements. One of the relaxed underwriting requi...
FHA 203K Rehabilitation Loan
Wednesday, August 26
The Federal Housing Administration (FHA) 203K mortgage loan allows homebuyers to finance additional monies into their mortgage for household repairs, upgrades, or improvements. The majority of homebuyers embark on a home improvement project within 90 days of purchasing their new home. In addition...