Browsing Category

mortgage : Insurance

FHA Income Guidelines for Mortgages

The Federal Housing Administration (FHA) is known for making home loans accessible to low- and moderate-income borrowers since its inception in 1934. FHA insures loans originated by lenders to borrowers whose income meets minimum standards. It protects lenders against losses suffered if borrowers de

Reverse Mortgage Information and Current Trends

While the first reverse mortgage was granted in 1961, Home Equity Conversion Mortgage (HECM) loans have only been available since 1989. Since that time, over 660,000 HECM loans have been given to cons

How Do I Know If My Loan Is FHA Insured?

If you purchased your home using a Federal Housing Administration (FHA) loan, you were able to make very low down payment of as little as 3.5 percent. This is the first indicator that your loan may be FHA insured. In exchange for a low down payment, FHA always requires a mortgage insurance premium o

Act Now to Forgo Foreclosure

The subprime mortgage crisis has been on the tip of everyone's tongue lately, and the housing market has cooled. Rather than being discouraged by this, smart investors realize that this is the time fo

Competitive Co-op Cheats

"Halo 3" is an action game, developed for the Xbox 360, in which the player goes on a journey to save his galaxy from a massive invading alien horde. The game has a co-operative mode that encourages competition between the players at times because of the type of scorekeeping in the mode. A number of

Reverse MortgageHaving A Property Ownership Is Essential

Reverse mortgage is a scheme that has been introduced to help the old aged individuals in a proper way so that they could lead a life that is completely free from all financial worries. FHA lender is there to help the individuals buy their dream house for the first time.

Bad Credit Home Loan Refinance Opportunities

With non-tradition firms that offer bad credit home loan refinance opportunities, a bad creditor can regain his sense of well being and security with a loan that has a higher interest rate but with a ...

How Long Is It From Receiving a Foreclosure Notice to Having to Vacate?

Going through a foreclosure will probably rank among the worst experience of your life -- at least from a financial perspective. But once you're in the process and your lender has determined you do not qualify for its loan modification program, the good news is that you probably have quite bit of t

Guide to Refinancing a Mortgage With Credit Problems

Refinancing your mortgage during period of low interest rates may allow you to save 3 percent or more on your interest, potentially resulting in hundreds of dollars in savings every month and thousands of dollars over the life of your loan. However, if your credit isn't good, you may not yet be pois

Mortgage Reduction Scams

Homeowners trying to avoid foreclosure are easy targets for mortgage reduction scammers, who often will ask for an upfront fee.

SBA Real Estate Loans Explained

Structure of the SBA The SBA is an independent agency that operates under the authority of the Small Business Act of 1953. The secretary of commerce delegates small business responsibilities to the SBA. The organization ...

Donations for Needy and Poor

Sadaqa is a famous name in that organization which helps such individuals. Well this volunteer the charity organization assists them by offering clothing, books, food and related needs. Those who wish

How to Qualify for an FHA Loan

The Federal Housing Administration, often shortened to simply FHA, is a governmental agency in the U.S. that aims to provide adequate housing to citizens through financing, namely through something called an FHA loan. An FHA loan is a specialized federal mortgage offered through federally-qualified

Variables That Affect Your Home Loan Interest Rates

The lowest mortgage interest rates in years are currently being had, but how do you know if you can be able to get a home loan? Before applying for a mortgage, do some research to ...