Building your own home can be an exciting time! There are numerous decisions to make and the ability to make your dream home come true. With that excitement, however, comes the need to have a different type of financing. Unlike purchasing an existing home, you will...
Getting a 203K loan is a lengthier process than any other loan, but the work is worth it in the end. Because you are receiving money to make renovations to the home, the lender needs to know exactly what the home needs as well as what you wish to do to it. You cannot...
Buying a home that is in perfect condition and has the exact layout you desire is no easy task. In fact, some people find it near impossible. Rather than giving up or giving in to purchasing a home that you consider “just okay,” you can use the 203K loan program that...
Have you lost a home in foreclosure and assume your options for homeownership are over? Don’t lose heart. It’s not as bad as you think and if you take the right steps, you may get out of the mess sooner than you think.Compare Offers from Several Mortgage Lenders.BUILD...
When you are in the market for a construction loan, you have to present a lucrative package to the lender in order for him to want to approve you for the loan. This is not an easy task as lenders are very choosy about who they provide construction financing to because...
Many people think that when rates drop they should jump on the refinance bandwagon and get that lower rate. For some people this might be the right option, but likely to be for a select few. A lower rate is not the only thing you need to look at – there are many...
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