FHA 203k is a home purchase program provided by the department of Housing and Urban Development (HUD) for properties requiring renovation. The program allows home buyers to buy a property and finance the cost of repairs. Typical mortgages mandate ... Read More
Mortgage Information
Credit Behaviors That Decrease Your Ranking – Tips For Future Sicklerville New Jersey Home Buyers
Credit scores are issued by three major credit bureaus (Experian, Equifax, and Transunion). Each uses a different method to determine a numerical credit score that reflects your credit worthiness. The greater the score, the better your credit ... Read More
Ridley Township Pennsylvania FHA Financing Program Overview
FHA is a financing program where PMI is subsidized by the Federal government. Most major mortgage companies offer FHA program options. Although the program is often used by first time home buyers, it is not solely offered to first time buyers. This ... Read More
Pennsylvania Financing PMI Explanation
Private mortgage insurance (PMI) is an insurance policy required by mortgage companies to cover their losses if a Pennsylvania home buyer defaults on their mortgage. When the lender goes to sell a property, they are unlikely to recoup the total ... Read More
