One of THE MOST important stages in the home-buying process is finding a reputable lender or mortgage broker to handle your transaction. A good lender will respect that you work hard for your money — and you want to spend it wisely. After running a credit check, your lender will present you with options for [...]
Mortgage rates are still at historic lows, and there's no denying that now is a great time to purchase a home. Here are four reasons why it makes a lot of financial sense. 1) Homeownership Builds Wealth Over Time Most of us were taught growing up that owning a home is financially savvy. Although that confidence [...]
If you or someone you know has plans to use a cash gift as their down payment for an FHA loan, pay close attention. While the cash gift is not only allowed but encouraged by the Federal Housing Administration, there are rules to how the money can change hands and how it is all documented. [...]
