HomeReady Mortgage Program Are you trying to get out of the ever-increasing rental market but find that loan programs don’t fit your family income requirements because they can’t count the income of extended family that live in the same house? Or what about outside the house family support such as from parents? HomeReady, the new… Read More New Fannie Mae Mortgage Program for Low-Moderate Income Families
Mortgage Assure provided by Radian Guaranty insures that your mortgage will be paid for up to 6 months if you involuntarily lose your job. And there is no cost to the borrower or the lender. Borrowers who purchase a home using 97% LTV financing or refinancing at 97% LTV are eligible. FHA loans and HARP… Read More Have You Heard of This FREE Insurance Plan To Cover Mortgage Payments If You Lose Your Job?
A recent Bloomberg report listed 15 small lending firms that are offering slightly riskier mortgages. They may come with higher interest rates and larger down payment requirements and they may not be backed by the government. As the larger banks tighten their credit standards over the last few years, smaller banks and local community based… Read More Financing Outside of The Box