The Federal Housing Administration (FHA) recently altered its guidelines as a result of the Economic and Housing Recovery Act of 2008. One significant change was…
We’ve all heard the term, “wrap around,” but what exactly does it mean? A wrap around mortgage, or simply a “wrap,” is an agreement where…
Getting a gift in the form of cold, hard cash to buy real estate is a wonderful thing. Gift funds are a common way parents…
We frequently hear we’re supposed to regularly check our credit reports. And staying on top of this is especiallyimportant when starting to shop for a new…
Which is better, a 30-year or a 15-year fixed rate mortgage? A common and important question which, when answered, affects both the monthly payment and…
For first-time buyers, often the first thought that comes to mind is, “I need a down payment.” This is often followed by the question, “Now,…