Types of Home Loans for First-time Buyers

Types of Home Loans for First-time Buyers

Before buying a house for the first time, one has to go through a lot of ups and downs and winding turns. By winding turns, and ups and downs, I mean the governmental and financial processes involved in the approval of home loans. But finally when the mission is...
Housing Loans for People with Bad Credit

Housing Loans for People with Bad Credit

Prior to the sub-prime crisis, bad credit was not a deterrent to avail home loans. Lenders were more than willing to provide non-conforming loans, zero-down mortgages, and piggyback loans to sub-prime borrowers, despite the fact that Freddie Mac (Federal Home Loan...
Useful Advice on Home Loans for Teachers

Useful Advice on Home Loans for Teachers

Teachers are definitely one of the most important part of our society. They shoulder the important responsibility of training their students to achieve great heights in their careers, thereby making them financially stable. Considering how important the role of a...
Home Loans for Single Mothers

Home Loans for Single Mothers

Single mothers who are interested in availing home loans, may find it difficult to contend with the stringent requirements for procuring conforming mortgages. The lending standards for conventional mortgages have been revamped by Freddie Mac and Fannie Mae since they...
What is a Pre-Approved Home Loan?

What is a Pre-Approved Home Loan?

The purchase of a long-term fixed asset largely depends upon the availability of credit. People who want to purchase assets such as cars or houses, usually rely on financing such as auto and home loans (auto and home loan financing). The applicant for such a scheme...
How to Prequalify For a Home Loan

How to Prequalify For a Home Loan

Getting prequalified for a home loan can always prove beneficial for those, who plan to buy a home in the near future. In fact, it should among the preliminary steps, if you intend to apply for a mortgage loan for purchasing a house. It is assumed that people with...