A customer, who is quickly becoming a friend of mine, asked me recently what she needed to gather for a loan application - she's moving to a new area (the company is relocating them) and before she …
Step 2 Homebuying in Cary
In a previous post we explored the whole "First the Loan, then the Home." Mentality of Home Shopping. The idea is that if you begin shopping for a $175k home because you used an online calculator and …
How To Shop For An FHA Loan
I LOVE TO SHOP! But when you are shopping for a FHA mortgage there are some smart shopping tips! Ask your lender how long they have been doing FHA loans. Many broker shops stopped offering FHA …
Mortgage Insurance vs Default Insurance
Mortgage Insurance, Default Insurance, Homeowners Insurance, Mortgage Life Insurance... it can be confusing!! Homeowners policies and Mortgage Life Insurance (issued by companies like State Farm) …
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FHA Repair Requirements
Homebuyers are looking for a deal - and sometimes you might think that purchasing a "fixer-upper" might be the best way to go! The problem is that many sellers, including banks holding foreclosed …
No Credit? Think FHA!
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 …
