Maria Patterson

It protects them should you default on the loan, especially if you fail to make payments in the early years...

When you apply for a loan, long, steady employment is always seen as a plus, as is a large down...

Much like a stockbroker helps you buy stocks, a mortgage broker can help you purchase a home loan. Because the...

You can get a home loan from several different sources—a credit union, commercial bank, mortgage company, finance company, government agency,...

A lot will depend on the length of time you plan to live in the home, other financial obligations, and...

Your real estate agent has information on lender loan requirements and will be able to calculate a rough monthly figure...

A mortgage makes homeownership possible for most people. In the simplest terms, it is a loan that is secured by...

If you have the cash or can qualify for a mortgage, you can buy a HUD home. Down payments vary...

The Department of Housing and Urban Development (HUD) acquires properties from lenders who foreclose on mortgages that it insures. These...

Buying directly at a legal foreclosure sale can be risky. Among the disadvantages: There is no financing. You need cash,...