Category Archives: Lenders

Three Surprising Spots in Your Home That Might Be Aggravating Your Allergies

Environmental allergens affect the way many people live their lives and clean their homes. Allergens make their way into our houses, and can settle in some unexpected places – but knowing where these irritants can hide can help you eliminate problematic allergens from your home. If your house has you sneezing and wheezing in every room, here are three allergy-triggering places where you wouldn’t expect to find allergens in the home. Allergens Lurking In Your Living Room Visitors to your home brings allergens with them. Allergens are easily transferred from your visitors onto your carpet ... Click to Continue

USDA Mortgages: Take Advantage of These Low-rate Mortgage Loans to Buy a New Home

                  Are you thinking about buying a home in a rural or suburban area? If so, you'll want to take a look at the United States Department of Agriculture's mortgage programs as you may qualify for them. In today's blog post we'll introduce the USDA Rural Development Single Family Housing Guaranteed Loan Program, explain the benefits of this mortgage program and how to determine if you qualify. What is a USDA Mortgage Loan? The USDA mortgage program is one of a number of programs in which the federal government will guarantee a ... Click to Continue

The FHA Hawk Program for New Homebuyers is Coming:

  The FHA offers many new programs and incentives for new homebuyers to take advantage of so that they can be part of the effort to ease the credit crisis. If you are in the process of shopping for a mortgage prior to shopping for your new home, it can benefit you to learn about programs that you may qualify for that are being created by the Federal Housing Administration and piloted. One such plan, which is has been approved as a four-year pilot program, is referred to as the FHA HAWK Program. Read on to learn how this program works and how it can affect mortgage insurance premiums. What is th ... Click to Continue

Starting to Shop for a Mortgage? How to Assess Your ‘Debt-to-Income Ratio’ and Why This Number Matters

Starting to Shop for a Mortgage? Those who are looking to buy a home may want to start by shopping for a loan first. Having financing ahead of time may make it easier to get sellers to take a buyer seriously and help move along the closing process. For those who are looking to shop for a mortgage, the most important factor for having a mortgage application approved is the debt-to-income ratio of the borrower. What Is a Debt-to-Income Ratio? A debt-to-income ratio is simply the percentage of debt compared to the amount of income that a person brings in. If a person brought home $1,000 a month and had $50 ... Click to Continue