Insurance: What Is an FHA Rehab Loan?

What Is an FHA Rehab Loan?

An FHA rehab loan -- also known as an FHA 203(k) mortgage -- is a specialized loan designed for individuals who want to purchase a property in need of renovations. With a traditional mortgage, individuals receive money to buy a home, but must provide their own finances for any rehab work. With an FH

Insurance: Mortgage Choices Available to People On Visas

Mortgage Choices Available to People On Visas

Most Mortgage Lenders do not feel comfortable in offering a loan to someone who is on a Visa in this country. If you are currently on a Visa you are likely to have experienced a ...

Insurance: Bank of England holds rates again

Bank of England holds rates again

The Bank of England base rate has now been at a record low of 0.5 per cent for over three and a half years and the Bank's Monetary Policy Committee decided to keep it at that rate in it&#

Insurance: Tips On Mortgages For People With Bad Credit Background

Tips On Mortgages For People With Bad Credit Background

A guaranteed loan approval is highly hinged with the past credit history of the borrower. If your past record is marked with payment defaults and bad credit history, your loan application is most likely to experience a rough sailing. The direction is more skewed towards loan rejection. Here is how t

Insurance: Advice for a Self Employed Mortgage

Advice for a Self Employed Mortgage

Getting a mortgage if you are self-employed is not nearly as simple as if you have a regular job. While it can be difficult to get a mortgage as a self-employed individual, you can get one if you are persistent. To get a mortgage as a self-employed individual, you have to have a good credit score an

Insurance: Federal Government Home-Buying Assistance Programs

Federal Government Home-Buying Assistance Programs

The U.S. Department of Housing and Urban Development, or HUD, has several home-buying assistance programs for first-time homebuyers and low-income families. The general definition of affordability is 30 percent of a household's income to go toward housing expenses. These programs take this affordabi

Insurance: Can You Change Your Mortgage Terms After a Divorce?

Can You Change Your Mortgage Terms After a Divorce?

One of the most difficult aspects of divorce is deciding what to do with the house. When one spouse decides to keep the house, the family court may end up deciding who is going to pay for the house and how, but when it comes to the mortgage, the family court's decision means little. The terms are ra

Insurance: Seven Riverside Residents Charged With Securities Fraud

Seven Riverside Residents Charged With Securities Fraud

Officials arrested seven people on Thursday in connection with a $140 million mortgage and security fraud that was responsible for driving 200 Riverside County homes to foreclosure. The scam also crippled hundreds of investors from ...

Insurance: Researching for a Home Loan just got easier!

Researching for a Home Loan just got easier!

Researching and planning your home loan couldn't be easier with the fresh new look Choice Home Loans website. Finding the most suitable & accurate information about Home Loans is diff

Insurance: Help With Mortgage Refinancing

Help With Mortgage Refinancing

Refinancing is the practice of swapping one loan out for another. In the case of home mortgages, the homeowner typically works with a mortgage company to pay off the old loan with a new loan with better terms. Low home mortgage interest rates frequently create refinancing opportunities for consumers

Insurance: FHA Residence Guidelines

FHA Residence Guidelines

The Federal Housing Administration insures mortgages against borrower defaults. If you qualify for an FHA loan, lenders will consider a smaller than usual down payment; with good credit, you can buy a house with as little as 3.5 percent down. FHA will only insure your mortgage if you're buying a hom

Insurance: London Mortgage Advice 42

London Mortgage Advice 42

The principle facts you will need to find out in regards to the implications of taking out a house loan to order a houseYou need to determine temperatures the house loan is going to be ...

Insurance: Poor Credit Mortgage Refinancing

Poor Credit Mortgage Refinancing

The advantage of using a mortgage broker is that the heavy duty work is off your plate – you only need to fill out one application,

Insurance: Applying For A Mortgage

Applying For A Mortgage

With all of the paperwork and questions that you need to answer, applying for a mortgage can be stressful. But knowing what's involved in the process can make things a lot easier. Here's some information to get you started.