The Georgia Fair Lending Act, passed in April 2002, placed limits on high cost home loans. Even with the act in place, however, there are still unscrupulous lenders in Atlanta more than willing to employ deceptive tactics to con unsuspecting homebuyers into higher priced loans than they qualify for. Being an informed, educated buyer will […]
While mortgage interest rates in Phoenix are still low, housing prices are increasing rapidly. October’s Standard and Poors Case-Shiller Index had Phoenix at the very top of the list, posting a 22% increase in home prices compared to one year ago. Although home prices are beginning to recover, they are still low enough to snatch […]
Like taking risks at the tables, but not with life altering financial decisions? FHA loans are a sure bet to finance a primary residence. In fact, FHA loans are the easiest type of real estate mortgage loan to qualify for in Las Vegas and most anywhere in the states. The FHA loan guidelines for qualification […]
Searching for the right Indianapolis mortgage can sometimes feel like a daunting task. Who to turn to and who to trust when it comes to such a complex product may seem difficult, especially with so many options to choose from. Taking the time to shop around for your home loan can potentially save you thousands […]
With so much talk about tightened lending restrictions and the “credit squeeze”, there are many misconceptions about the amount of money you have to put down in order to secure a Portland mortgage. Despite what you may have heard, loans have been made available through the federal government to provide potential Portland home buyers with […]
Shopping for a mortgage should be the first step you take when looking for a new home. This will give you an idea of the price you can afford and which Las Vegas neighborhood you can explore. It will also show sellers that you are a serious buyer and can be used as a negotiating […]
Many homeowners in the Columbus market have seen the value of their home depreciate 10% or more over the last five years and have found themselves underwater on their mortgage. This has often left responsible homeowners, who want to take advantage of the recent lower interest rates, unable to qualify for traditional refinancing because their […]
