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FHA vs. Conventional Loans
FHA vs. Conventional Financing FHA - Rates are lower than Conventional The main advantage to FHA home loans is that the credit qualifying criteria for a borrower are not as strict as conventional financing....
1 commentMortgage Escrow Accounts
Mortgage Escrow account is established to pay expenses while there is a mortgage loan on the house. These expenses include property taxes, homeowner's insurance, mortgage insurance and other escrow items....
0 commentsRefinancing your Mortgage Loans
This article will attempt to make this less complex by providing a function definition consolidation of the debt and provide the answers to two key questions owners should ask themselves before refinancing...
0 commentsRate Cut - Is it time for a Low Refinance Mortgage Loan
Interest rates are the lowest they have been in 5 years and are expected to drop more over the next couple of weeks. The Federal Reserve has dropped interest rates again, the fifth straight cut since September...
0 commentsFHA VA Home loans
A FHA mortgage loan is guaranteed by the federal government. A VA loan, however, is backed by the Department of Veterans Affairs against default rather than the Federal Housing Administration. VA loans are...
4 commentsRefinancing your Mortgage Loan
Tips for Getting Started on Refinancing your Mortgage The best scenario for you to consider mortgage refinancing is when you owe a large...
1 commentHow To - Refinance a Streamline FHA Loan
How To - Refinance a Streamline FHA Loan FHA Streamline Refinance is a rate reduction Loan program for FHA mortgage borrowers. The streamline FHA program refers to the lesser amount of documentation and...
0 commentsWhat is a Pre-Approved Mortgage Loan
What is a Pre-Approved Mortgage Loan There are many consumers who believe that they should not apply for a mortgage loan until after they find a home that they are interested in buying. This is not...
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