If you are self-employed, you probably already know that securing a home loan may be more difficult for you than it is for other people. However, getting a home loan as a self-employed person is not impossible. How the Self-Employed Get Home Loans Essentially, securing a home loan as a [...]
Federal Housing Association (FHA) loans have been on the rise since the housing bust in 2008. With other types of loans no longer available to low income families, the FHA loan has become newly attractive to many seeking home ownership. FHA loans are insured by the government through the Federal [...]
Buying a home is an exciting, yet anxious time. It takes time, patience and persistance to find a new home, get through the closing and finally, move into your new home. Having a general overview of the home buying process will ensure you understand what's happening throughout the process. Get [...]
Heat waves rippling around the country have us turning on our air conditioners – and worrying about cooling bills. Fortunately, there are ways to beat the summer swelter without breaking the bank. Try one of these summer energy-saving tips to stay cool: Close the Curtains It might be nice to [...]
You’ve decided to go for it. Buying a home can be thrilling and nerve-wracking at the same time, especially for a first-time homebuyer — it’s difficult to know exactly what to expect. The learning curve can be steep, but most of the issues can be resolved by doing a little financial [...]
Several things can affect your credit rating. For some people, fair or poor credit is the result of not having enough credit history, while for others, major life events such as divorce or an illness take a financial toll. No matter your life story, a less than perfect credit history [...]
A seller has accepted an offer on the home you want to buy. Congratulations! While you may want to move into your new home right away, most buyers have a long waiting period before they finally get the keys. Most buyers, however, make plans for the way they want their [...]
Many prospective homeowners like the idea of building because rather than settling, because they get exactly what they want. Others like buying something new, because no one else has ever lived in it. No matter the reason, home building is an increasingly popular option for prospective homeowners. But how does [...]
One of the things prospective homeowners worry about most is paying the closing costs. These are costs associated with closing on a home loan and building an escrow account for the payment of property taxes and homeowner’s insurance. Many homeowners choose to roll taxes and insurance into their mortgage, which [...]
You’ve been perusing local listings and see that your dream home is for sale. You attend an open house and it’s even better than you expected. Excitedly, you call the realtor and ask to make an offer. The realtor informs you that you’re unable to make an offer without mortgage [...]