Finding the right mortgage lender to finance your first home buy is an important decision. Today’s mortgage market is packed with home loan programs that can easily be tailored to match the specific needs. A few of the most appealing options include the FHA loan and USDA loan Both of these mortgage programs give the …
If you are looking to buy a home, a major consideration is your credit score. A poor credit score is certain to make applying for a home loan a lot more difficult. There is no standard credit requirement. It can vary with the different mortgage options. Let’s take a look at the preferred credit score …
While it is possible for the self-employed to benefit from a many different benefits – such as certain income related tax deductions – they may find the process of applying for a home loan a little more challenging. Based on underwriting guidelines issued by Fannie Mae, anyone applying for home financing with an ownership stake …
Many potential first-time homeowners are interested in the properties owned by Fannie Mae. The majority of the homes available via the HomePath program are priced attractively and typically at prices more favorable than comparable properties. The availability of the Fannie Mae HomePath program can make home ownership a reality for a lot more prospective home …