USDA Rural Housing offers a great option for South Carolina First Time Home Buyers seeking 100% financing. Buyers don’t have many options today to purchase a home with NO money down. In fact, VA and USDA are the only government loan options that still allow buyers to purchase a home …Read More
FHA Home Loan News, Tips & Information
Mortgage Payment Forbearance or Refinance – What is the better choice?
Since the recent outbreak of COVID-19 there has been a lot of talk about new mortgage forbearance programs. What exactly is mortgage loan forbearance and should you apply for this? Forbearance is not a forgiveness of your loan obligation, but more an extension of your loan term. Under the Federal …Read More
Financing Energy Efficient Improvements
Whether buying or refinancing, there are options that allow borrowers to make energy efficient upgrades with their homes. Whether it’s for a new HVAC system or something as simple as replacing inefficient windows with thermal ones, there are ways to leverage today’s mortgage rates and finance the costs of these …Read More
History of FHA Home Loans
Ever wondered how the Federal Housing Administration “FHA” was created? It really has quite a history and some could even claim it helped move the country out of the Great Depression. Back in 1934 the United States government created the National Housing Act of 1934 to help stop the wave …Read More
FHA Mortgage 101 for First-Time Home Buyer
Are you a first-time home buyer in Spring Hill Florida? Thinking of realizing the ‘American Dream’ of homeownership through mortgage? Then you might want to consider the FHA Loan. Let’s talk a little about the FHA Mortgage 101 for First-Time Home Buyers FHA loans are basically mortgages insured by the …Read More
VA Home Loan Manatee, Hillsborough County
Did you know that Florida has many eligible veterans in Hillsborough and Manatee County with full VA housing benefits. Many of them don’t even take advantage of this wonderful benefit. The VA home loan offers current active duty service members and vets huge benefits not seen in other conventional loan …Read More
How to Prequalify for an FHA Loan in FL
When you decide it might be time to prequalify for an FHA loan, whether you live in Florida now or plan to move here soon, you might be wondering exactly how you go about that process. How exactly do you get prequalified for an FHA mortgage? Before you move much …Read More
FHA Home Loan Defined
The FHA mortgage is a home loan insured by the Federal Housing Administration. The FHA does not provide money directly to borrowers; rather they insure the mortgage against default. This makes Federal Housing Administration borrowers particularly attractive to lenders. The lenders know that if the borrower fails to pay, they …Read More
10 Steps to Obtaining an FHA Loan Successfully
In order to better your chances of successfully getting your FHA loan approved here it always helps to be well informed. Florida first time home buyers will find the information below especially useful. You have to be aware of what you need do before applying as well as know the …Read More
Top Reasons to Refinance with FHA – Florida
It’s a given that money is not easy to come by nowadays as practically the whole world is still reeling from the impact and devastation left by the decline of the world economy. Investments have increasingly become trickier and good paying jobs are so much more elusive than ever before. …Read More