fha: VA Loan Guidelines Are More Flexible -- UPDATED - 07/16/08 07:59 PM
There are more and more eligible veterans who want to use their VA benefits to buy a home & why not?
The VA Home Loan Guarantee program provides mortgage insurance with 100% financing
There is no monthly mortgage insurance required with this program
It offers unlimited seller paid closing costs for … (10 comments)
fha: New Guidelines for Non-Traditional Credit - 05/18/08 02:37 PM
I came across an article outlining FHA guidelines. I wanted to share this with other AR professionals who talk with people who believe they aren't able to buy a home.
Here's a few of the non-traditional credit guidelines that may help your clients:
1. The borrower may have no collection accounts … (6 comments)
fha: 100% Financing Still Available - 05/12/08 12:36 PM
Many homebuyers, especially first-time-home-buyers, believe they haven’t got a chance of being able to qualify for a home loan for a especially if they are looking for 100% financing. This is not only sad but extremely untrue!
There are not only financing options that don’t require a down payment such as … (2 comments)
fha: It's a Great Time for Buyers - 04/25/08 02:49 PM
Those who think they’ve been excluded from the dream of owning their own home need to think again. While it’s true many conventional lenders have tightened their lending & underwriting requirements there are other programs that have become more flexible. Grants offer down payment assistance,FHA gives borrowers competitive interest rates … (10 comments)
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There are more and more eligible veterans who want to use their VA benefits to buy a home & why not?
