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FHA Loans for Refinancing: Is It a Good Option?
FHA loans are known for helping first-time homebuyers achieve homeownership with lower down payments and more flexible credit requirements. However, they are not just for buying a home — they can also be used to refinance an existing mortgage.
Transforming the Home Selling Process With a Cash Offer for Your Virginia House
Selling your home can often be a complex and time-consuming process, especially if you're facing financial difficulties, time constraints, or a property in need of significant repairs. The traditional route of listing your home on the market with a real estate agent involves a lengthy process that can include staging, open houses, negotiations, and waiting for the right buyer.
GFP Real Estate and Its Tenants Raise More Than $200,000 to Support Ukrainian Refugees
GFP Real Estate is pleased to announce that its "Support Ukraine in Crisis" campaign raised more than $200,000 to support humanitarian relief efforts on the ground in Ukraine.
Unlocking the Power of Private Hard Money Loans: A Guide to Real Estate Financing...
The world of real estate has “investments” as its necessary condition. These days, aspiring real estate investors want quick and flexible financing solutions. The real estate market is
New Freddie Mac Enhancements Give Lenders Greater Certainty While Streamlining Condo Originations
Freddie Mac (OTCQB: FMCC) announced today further enhancements to its Condo Project Advisor® allowing lenders of all sizes to bring greater efficiency to the financing of condominiums. Specifically, in just minutes lenders can determine whether a specific loan to finance the purchase of a condo unit meets Freddie Mac’s guidelines.
“Closing The Racial Equity Gap: A Call To Action”
The Federal Home Loan Bank of San Francisco (FHLBank San Francisco) has released a package of recommendations to close the racial wealth gap in the United States.
July New Home Purchase Mortgage Applications Increased 35.5 Percent
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for July 2023 shows mortgage applications for new home purchases increased 35.5 percent compared from a
Agencies Finalize Policy Statement on Commercial Real Estate Loan Accommodations and Workouts
Federal financial institution regulatory agencies today jointly issued a final policy statement on commercial real estate loan accommodations and workouts. The updates reinforce and build on existing supervisory guidance calling for financial institutions to work prudently and constructively with creditworthy borrowers during times of financial stress.
Workshop participants learn putting your best financial foot forward is a key step toward...
Homeownership had always been a dream for Sarah and Mario Aguila. The couple had been saving for years, paying attention to their finances, and never splurging on anything unnecessary. Finally, they decided it was time to take the plunge and explore purchasing their first home
How to Flip a House: A Quick Introduction
Are you interested in making money flipping houses? Did you know that foreclosures are on the rise in the US by 70% this year? If you've ever thought about fixing homes for profit, this is your year.
Don't worry if you don't know how to flip a house
How to Generate Passive Income
Did you know that 20% of Americans currently earn passive income? The idea of generating money while you eat, sleep, and live your life is undeniably appealing. In fact, we don't know of anyone who'd say no to a passive income stream!
Top 4 Ways To Reduce Home Loans Burden
One of the biggest hurdles to homeownership is the ever-growing home loan debt. The fact of the matter is that most people don't have a clear understanding of how long it takes to pay off a mortgage, which causes them to take unnecessary risks to meet their dream of owning a home.
Roofstock: The Right Way to Buy Real Estate?
Buying real estate is often among the largest individual transactions that a person will make in their life, so ensuring that you’re working with the right tools for a successful purchase is critically important. Most are familiar with online stock broker platforms that offer low and sometimes no fee trades and other features that appeal to first time investors, but there are increasingly options online that help to navigate investing in real estate.
Fundrise: The Real Deal for Real Estate?
Millions and millions – maybe even billions – of young people worldwide read news headlines every day about the skyrocketing price of real estate and feel a knot in their stomach. Owning real estate has historically been one of the rites of passage of adulthood and the basis for a solid financial foundation, but it is increasingly out of reach for many.
Down Payment Assistance Programs
A dream that so many people have is to become homeowners. But what so many people have a difficult time with is getting money actually to accomplish this. And the time that we live in now has made it even more difficult for everyone to earn enough money even to consider buying a home.
Wyden Announces New Bill to End Homelessness and Ensure Affordable Housing for All
Bill would house all children and families experiencing homelessness through Housing Choice Vouchers, expand essential services to ensure permanent housing stability, create new down payment tax credit for first-time homebuyers, and expand the production of affordable housing for low-income and middle-income families
Fixed-rate or adjustable-rate mortgage, which one is better?
When you take out a loan for your mortgage, you will come across two types of mortgage loan types - fixed and adjustable. Each of the two has its advantages and knowing which one to go for, based on your financial situation
10 Types of Loans: Make a Right Financial Choice
It goes without saying that it is always good to save some money knowing that you are safe in case some urgent need comes by or an unexpected situation. Although it does not always work like you want to or planned to
Money Saving Tips for Students
If you're like most college students, this is probably the first time you've had to budget and manage finances on your own. Although the idea of saving money in college might seem impractical between the costs of housing
Finance the Upgrades and Repairs to Your Home with these Government Guaranteed Loans
Buying a home and raising a family is part of what many consider the American dream. However, buying a home has become increasingly complicated as supply dwindles or stagnates and demand increases. As more Americans reach adulthood