In order for you to get a VA loan, you must qualify for the following VA loan requirements. – First and foremost, you must be an eligible veteran. You need to have a home loan entitlement. The exception to this case is if the interest rate is reduced on the refinancing loan. Also, the loan [...]
Archive for July 2010
Mortgage Rates Make Refinancing A Possibility If you’re able to get a loan, it’s a good time to buy a house. Mortgage rates are at an all-time low. Read more on WCCO Minneapolis – St. Paul
A conventional loans is the type of home loans most people think of when they think of borrowing money. The conventional loan requires good credit and at least a 3% down payment. That’s at least $3,000 down, WITH good credit, on a $100,000 home. And how many of us out there have a completely clean [...]
Producers Comments on the Movie, Money as Debt Born in Toronto, Canada in 1948, I first became suspicious of our money system when I was in high school in Ottawa. We were studying logarithmic functions such as interest and it struck me that a money system in which money accrues interest at every turn could [...]
Paulson: Revamp Homeownership Policy, After Market Stabilizes Once the housing market is stabilized, the federal government should dial down its support for policies that promote homeownership over other investments, writes former Treasury Secretary Hank Paulson. Read more on Wall Street Journal Blogs
Florida FHA Loan Qualifying In General it’s easier to qualify for Florida FHA home loan compared to conventional loans and have lower down payment requirements. Unlike a conventional mortgage that is credit score driven; FHA loans do not have a minimum credit score requirement. This helps first time home buyers and other Florida buyers with [...]
Why is it a loan to you and a deposit to the bank? Who is the creditor? Donate: www.s119320640.onlinehome.us
I have a 40 year conventional fixed loan that is kicking my but. Can this loan be changed to a FHA loan? With a credit score of 530?
Subprime mortgages are loans made to people with less than pristine credit. It’s a code word for those of us who have some sort of credit issue in our past and don’t make the cut as a “prime” borrower. For several years now, subprime borrowers have been getting subprime loans, which mean loans with substantially [...]
Discover the best information in VA Loan Rates. If your buying or refinancing a home you need to watch this program.