FHA Loans: A Good Idea for First-Time Buyers?

Want to purchase your first home? Interested in buying a fixer-upper? Are a senior who already owns a home in need of financial assistance? Need help financing a mobile home or improving the energy efficiency of your home? If you answered yes to any of these questions you may able to get the help you …

How Do I Get A Subprime Loan?

Not all of us are able to enjoy a perfect credit record; events outside of our control sometimes happen, and not a few peoples’ records have slipped because of surprise medical bills, increases in mortgage premiums and interest rates, sudden unemployment and other negative factors. Since the recession struck in 2007 even more people have …

Zero Down Home Loans

In today’s economy, it is harder than ever to afford a new home, especially if like so many, you have been hit hard by the recession. The housing market has taken a huge hit too though, and some of the low prices you see on new homes can look incredibly appealing. If there were ever …

What Are Bridge Loans and How Do They Work?

Are you interested in purchasing a house and want to close on it quickly—even though you haven’t sold your current home yet? This situation is increasingly common in today’s housing market since many people want to take advantage of the good deals that are out there. This is especially true in a situation where you …

Understanding Different Types Of Mortgages

Balloon Loan Out of the many types of mortgages, balloon mortgages may be the least used out of all of the different types of mortgages. They are short term fixed rate loans which give you a set monthly payment based on a 30 year fully amortized schedule and a “balloon” payment at the end of …