How do you clear up bad credit?
It is not easy but certainly doable with both commitment and time. By law, any unfavorable information in your credit ...
Year: 2007
How do lenders define bad credit?
It is all those things that appear on your credit report that are unflattering. They include: missing a credit card ...
What if I am turned down for a loan?
Unless your credit is absolutely abysmal - with all kinds of judgements, liens, excessive delinquencies or non-payments, foreclosures and bankruptcies ...
Do I have to disclose a parent’s gift to the lender?
Lenders prefer that you do. But relax, you are not penalized in any way for receiving parental help. An estimated ...
Does the federal government offer home improvement programs?
Yes. Among the most popular: Title 1 Home Improvement Loan. HUD insures the loan up to $25,000 for a single-family ...
How can I finance work needed for home repairs?
According to the Millennial Housing Commission created by Congress, few lenders are willing to administer home improvement loans. Most prefer ...
Is private mortgage insurance always required on low-down payment loans?
Lenders require private mortgage insurance (PMI) on most loans with less than a 20 percent down payment. They believe there ...
Do builders provide financing?
Many builders offer financing incentives to help move more buyers into a project. In fact, major building companies often have ...
How can Fannie Mae help homebuyers?
The Fannie Mae Community Home Buyers Program lets first-time buyers with little cash obtain 95 percent financing. Borrowers may put ...
Can you tell me more about FHA and VA?
The Federal Housing Administration (FHA) is an agency within the Department of Housing and Urban Development (HUD). Its main goal ...
How to Calm Jittery Sellers When Similar Homes Close by Are Also for Sale
While you as the seller’s agent or broker understand all the intricacies and strategies of working a listing, your clients very likely are first-timers, vulnerable to emotions and worrisome opinions precisely because they don’t have prior experience. Read more.
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