A HUD home is a home owned by the Department of Housing and Urban Development. If you can buy a HUD home, you may be able to get an amazing deal on the property. HUD gets these homes when the previous owner fails to make their mortgage payments on their FHA loan. But HUD does…
By far, the vast majority of mortgage brokers are good, honest people. But, like every profession, there are some bad apples in the bunch. And, if you don’t know what you’re doing, you may get ripped off by a mortgage broker. If you use a broker to help you get a mortgage, there are some…
There’s a lot of excitement that comes with buying your home. This includes all the adventures and experiences you will get in this new chapter of your life. A new home means a new beginning. And, very likely, it also means new furniture! And furniture isn’t exactly cheap these days. So that leads many to…
What do you do when you receive an extra chunk of cash that you weren’t expecting? We certainly have ideas for you (though you probably won’t have any issue coming up with some on your own)! You can buy something that has been on your wishlist or that of your family’s. You could use it…
When you purchase a home and apply for a mortgage, it’s easy to become frustrated. This process can be time consuming and requires a seemingly endless list of tasks. One of things you’ll have to go through is mortgage underwriting. But what exactly is this? Mortgage underwriting is the process that determines your eligibility for…