loans: FHA Financing? - 12/31/09 12:35 PM
Yes!  It's a great way to go.  FHA loans usually require a little lower credit score, only 3.5% down and they also currently have great rates!
There are still more reasons to take a long look at an FHA loan for your home.  The FHA has loosened its appraisal guidelines which were very stringent in the past.  Some of the fees that were not negotiable before, now are.  They are allowing down payment assistance programs that are not seller funded. 
Last, here are some really tantalizing reasons for using FHA.  Sellers can finance up to 6% of the buyer's closing costs, homeowners can … (0 comments)

loans: Mortgage 101 - 06/20/08 10:21 AM
How much do you know about mortgages and mortgage terms?  Most people who have actually purchased a home can understand most of the mortgage language.  If you have never purchased a home, however, you may not understand many of the terms that are used.  You are the ones I want to help with this posting.  The rest of you might want to read on just to test yourself. 
First of all, do you know what components make up your mortgage payment?  There is the Principal, which the actual amount you borrowed to buy your home.  Your payment also includes Interest which … (0 comments)

 

Barbara Salisbury

Highlands Ranch, CO

More about me…

Kenna Real Estate Company

Office: (720) 884-6040

Mobile: (720) 884-6040



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