Blog - Page 66 of 338 - Critter Skimmer

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Aug

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Home Mortgage TipsHome Mortgage Tips, Mortgage, Mortgage Applications

Is It Possible to Get a Mortgage With Less-than-Perfect Credit? Yes – and Here’s How

Are you thinking about buying a new house? Whether you're a first-time or experienced buyer, if your credit score isn't looking too hot it can affect how much mortgage financing you receive – or whether you're approved at all! But don't fret. It's still possible to get a mortgage approved, even with credit issues. Below we'll share a few ways that you can get a mortgage loan even if your credit is less than perfect. Consider An FHA-Guaranteed Mortgage For many individuals with credit issues, the Federal Housing Administration's guaranteed loan programs are a good choice. In essence, the FHA…

NAHB: Builder Sentiment Surges in August

Home builder confidence in housing market conditions surged in August after sagging to an eight-month low in July. The National Association of Home Builders reported a July reading of 68 in August after analysts expected a one- point increase from July's Housing Market Index reading of 64. Any reading over 50 indicates that more builders consider housing market conditions positive than those who do not. Component readings of the Housing Market Index also improved in August. Builder confidence in current housing market condition rose four points to 74; Builder confidence in housing market conditions over the next six months rose…

You Ask, We Answer: What Kind of Fees Are Involved When I Get a Reverse Mortgage?

If you are approaching your golden years and seeking a bit of financial flexibility, you might want to look at a reverse mortgage. This unique financial product is only open to individuals over 62 years of age. It allows you to convert some of your home's equity into cash which you can use as needed in your retirement. Of course, a reverse mortgage isn't without its costs. Let's explore the fees that you will encounter when you take out a reverse mortgage loan. Upfront And Pre-Closing Costs The first step in getting a reverse mortgage (also known as a Home…