No Credit? Think FHA!
March 19, 2008 by Eleanor
Filed under FHA Mortgage Loans, First Time Home Buyer
Students are studying their way through college – not building credit… Once you have a job, and you want to purchase a house, how do you create credit? FHA allows mortgage lenders to accept loans from those who do not have a credit score. We are required to “build credit.” This means that we need [...]
Wannabe A Homeowner
March 18, 2008 by Eleanor
Filed under First Time Home Buyer
A friend recently wrote: “And then there are the rest….those wannabe first time home buyers, those renters who are yearning for homeownership but are uncertain that they can attain a dream they consider to be impossible. Then take into account all the news surrounding subprime mortgages and mortgage programs going by the wayside. And if you [...]
FHA Raises Loan Limits
March 7, 2008 by Eleanor
Filed under Housing News
FHA just made buying a home in Cary (and the rest of the RTP) easier! Let’s face it – not that many people have 10 to 30% to put down on a new home… FHA only requires 3.5% and they allow THAT to be a GIFT! BEST OF ALL… FHA announced this week that they [...]