Financing
Related Articles
Mortgage Literacy: Know Your Loan
Over the next 6 months, the U.S. Department of Housing and Urban Development is launching a national consumer education campaign urging homeowners to seek free, HUD-approved housing counseling advice.
read more
Why FICO Credit Scores Matter
How the world has changed! From simply needing to fog a mirror to qualify for a home loan to today's reality that forces prospective borrowers to leap multiple hurdles and clear dozens of obstacles, even if they have money in the bank, a solid job, and a six-figure income.read more
Traditional Financing Returns: Owners Who Win Refinance Will be Able to Afford It
How can it be a good thing that some prospective homebuyers and current owners are having a difficult time obtaining a loan or refinancing an existing loan? Because, unlike a short while ago, those who do wind up with a loan most likely will be able to afford it.read more
California weathering real estate slow down
In its recent first quarterly report of 2007, the UCLA Anderson Forecast remained steadfast in its belief that the national economy does not face recession and that California has weathered the real estate slowdown better than originally believed.
read more
FHA Leading Surge in Home Sales
California is the No. 1 state in the nation when it comes to writing government loans.
That's why real estate professionals recently filled the auditorium to capacity at the Southland Regional Association of Realtors to hear all about a very old loan program that now is leading the housing recovery -- FHA-insured loans.
read more
Beware of Loan Modification Scams!
Consumer advocates and the California Department of Real Estate urge home owners facing or in the midst of a foreclosure proceeding to be wary of services that charge advance fees for assistance with troubled loans.read more
Higher loan limit makes FHA popular again
Something is happening in the residential real estate market -- movement. It's too soon to say that the tide has turned, but it sure is beginning to feel that way.
Part of the reason a growing number of prospective buyers are acting and dismissing reports of doom and gloom is because there has been a revival in an all but forgotten housing mainstay -- FHA-insured loans.
FHA loan limits have nearly doubled. And, in an era of tighter loan qualification rules, FHA loans are a blessing for buyers with little money for a down payment.
read more
VA Loans Offer a Lineup of Features
Veterans sometimes forget to mention their service in the nation's military branches and that could be an unfortunate, costly oversight in a quest to buy a home. Veterans' Administration loans offer so many advantages that real estate professionals should ask every client if they have military service. read more
Operation Hope
Operation Hope provides information on how to negotiate with lenders, apply for loan modifications and avoid foreclosure.
read more
Feds Tighten Sub-Prime Rules
Federal bank regulators recently issued tougher standards for high-risk mortgages that may stop some shaky lending practices but also limit the availability of loans to some borrowers with flawed or limited credit history.read more
Links
Find a Lender through Realtor.com
Get a Loan Pre-Approval
Get Funding. What kind of Loan
Let Lenders Compete to Offer the Best Loan
Mortgage Finance Calculator
Home Affordability Calculator
Rent vs Buy Calculator
Ten Ways to Accelerate Your Mortgage Application
Freddie Mac’s Weekly Mortgage Survey
Department of Real Estate: Sources of Home Loans
California Housing Finance Agency
California Housing Finance Agency: Home Ownership Programs
California Housing Finance Agency: Approved Lenders
AARP reverse mortgage calculator
HUD info on reverse mortgages
HUD in California
Home Ownership Programs you can Use
American Dream Down payment Initiative
CalHome Program
Enabling low or very low income households to become or remain homeowners.
CalVet Loans
Veterans Get the Best Loan Value in California
Consumers Union: Dirty Deeds – Abuses and Fraudulent Practices in California’s Equity Market
|