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Complete List of Mortgage Purchase Articles!

Category : Mortgage Purchase


What Price House Can I Afford? Deciding To Buy Or Not
     What Price House Can I Afford is answered by determining what mortgage payment do you want to make or are you qualified to make based on mortgage program guidelines. Mortgage calculators can help you determine house price and monthly payment.   Read Entire Article...

Housing Authority - Housing Agency State by State Listings For Home Buyers
     Home Buying Resource: A State by State Compilation of Housing Authorities and Housing Agencies offering down payment assistance and first time home buyer programs.   Read Entire Article...

Where Can I Get A HomePath Mortgage To Buy A HUD Foreclosed Home?
     Where To Get A Fannie Mae HomePath Mortgage. Special HomePath Financing Program only available through Fannie Mae approved lenders. Use HomePath Financing to purchase HUD Homes and Fannie Mae Foreclosed Homes.   Read Entire Article...

Pre Qualify Mortgage? - Pre Qualifying Is Key First Step In Buying A New Home
     Pre Qualify before you buy a new home. If you want to buy a home the first step is to pre qualify for a mortgage. Learn what payment, what programs, and how much down payment you must have to qualify for a mortgage.   Read Entire Article...

What Is The Federal Recapture Tax For Home Owners?
     The Federal Recapture Tax for home owners is a tax that may be assessed to homeowners who buy a home using a mortgage program that is funded by the Federal Mortgage Revenue Bond system. These mortgage programs are the common first time home buyer programs that most state housing authorities offer to low to moderate income homebuyers.   Read Entire Article...

Considerations When Buying A Home - Renting Vs Buying
     Renting Vs Buying is one of many Considerations When Buying A Home. Are you ready for homeownership? Being a homeowner requires more responsibility than renting. Owning a home leads to wealth accumulation, but so can renting.   Read Entire Article...

Get Pre-Approved For Your Mortgage Before You Find A Home
     Make sure that you speak to several loan officers to get pre-approved before you find a home. Getting Pre-Approved gives you peace of mind that you can go find a home that you want to buy with confidence knowing you have your mortgage already in the bag. Remember this tip: loan program first - interest rate second.   Read Entire Article...

Own A Home And Want To Buy A New Home - How To Qualify?
     If you own a home and are thinking of buying a new one you should be aware of recent qualification requirements. If you plan on keeping your home as a rental you may qualify for a new home as long as you meet certain requirements. Meet with a mortgage lender to get your loan approved first before signing any sales contract for a new home.   Read Entire Article...

Mortgage Rates And the Real Estate Markets in Late 2008?
     Mortgage Interest Rates Are Down in September of 2008 with the US Government take over of Fannie Mae and Freddie Mac. Underwriting guidelines are more strict since mortgage crash of 2007 means it is harder to qualify for a mortgage. Real estate market will have to correct itself with decrease in homes for sale inventory.   Read Entire Article...

How Does Debt Affect My Ability To Qualify For A Mortgage?
     Debt Can Impact Qualifying For A Mortgage. Too much debt impacts debt to income ratios. Bad debt impacts credit reports and credit scores. Pay down debt to qualify, make more money to qualify for a mortgage. Refinance car loans and student loans to reduce monthly payments to lower debt to qualify.   Read Entire Article...

Trying To Buy A Home With Minor Credit Problems
     Buying a Home With Minor Credit Problems Will Take Time and Work to Restore Credit History and Scores. FHA Homes Loans are your first loan option. Fannie Mae and Freddie Mac are your next options. Start buying a home with your credit report, talk to a mortgage loan officer approved for FHA home loans.   Read Entire Article...

Recovering From Bad Credit - Rebuild Your Credit Before Applying For A Mortgage
     Rebuilding your credit and credit scores takes time following bad credit problems. Rebuilding your credit is essential to applying for a mortgage to buy a home or refinance your mortgage. You need credit to rebound your credit scores. A quick way to rebuild your credit is with a secured credit card.   Read Entire Article...

Buyer Blunders That May Cost You Your Dream Home
     With real estate home buying in a slump there are many opportunities for a great deal on a home to buy. The Time is right to negotiate aggressively, but smartly. Sellers want to sell their home, but do not want to be insulted. Do your homework, negotiate face to face if possible and find more home buying tips to keep your home buying efforts on the right track.   Read Entire Article...

How To Calculate A Mortgage Payment - A Mortgage Calculation Formula
     To Calculate A Mortgage Payment you will need a mortgage formula, calculator, something to write on, mortgage loan amount, house price, interest rate, and length or term of the mortgage. Use this formula to calculate monthly principal and interest payment. Then add taxes and insurance to get full PITI or principal, interest, taxes and insurance monthly payment amount.   Read Entire Article...

Identity Theft - The Fastest Growing Crime In The U.S.
     Identity Theft, or ID Theft Is the Fastest growing crime in the U.S. It takes months, sometimes years to recover once your identity has been stolen. Victims spend countless hours restoring their credit reports, credit card and bank accounts. Stop Identity Theft With Preventative Measures.   Read Entire Article...

What Is Yield Spread Premium?
     This term Yield Spread Premium is one of the most controversial and misunderstood terms in the mortgage business. Find out why you should run from someone who says that it is bad.   Read Entire Article...

6 Reasons Why Owning A Home Is Good For The Soul And Your Wallet
     Owning a home can never be talked about enough. There are so many benefits to owning a home that apply to each of us. But there are some benefits that just cannot be explained. We explore some of each in this article.   Read Entire Article...

Buying a Home With No Money Down in 2008 - What Are My Options?
     While there are still some no money down programs available for home buyers, most of these programs will only loan up to 95% of the sales price. The only exception this rule is FHA loans. FHA loans call be structured so that you can get into a home with no money out of your pocket.   Read Entire Article...

Mortgage Tips For Buying a Home In 2008
     Buying a Home in 2008? Believe it or not, it is not completely terrible out there for getting financing and find the right home. If you are in the market to buy a home, here are some simple tips to help guide your way.   Read Entire Article...

Should I Continue to Rent - Or Should I Buy My Dream Home Now
     Although it does seem to make sense to wait for home values and mortgage interest rates to bottom out you might want to reconsider. Two things to consider are presented in this article.   Read Entire Article...

Things to Keep in Mind When Buying Property in Florida
     Moving to Florida for many is a lifetime dream come true. However, finding the right home can be challenging. Florida is a mixing pot of people and weather which require one to be diligent to get the right home at the right price. This article provides tips for buying a home to help keep you out of trouble.   Read Entire Article...

How Can I Buy a Home In Arizona With No Money Down
     With all the bad news in the media about the housing market for sellers, what is not talked about is what this means to someone looking to buy a home. There are a ton of great real estate deals on the market. You can also buy a home with no money out of your pocket. This is a great time to become a homeowner if you are still renting.   Read Entire Article...

Expenses During The Mortgage Loan Process Explained Part 3
     This is part 3 of 3 in a series of articles discussing the expenses of getting a mortgage for buying a home or for refinancing your current mortgage. Some expenses in the mortgage process are unavoidable and have to be paid.   Read Entire Article...

Expenses During The Mortgage Loan Process Explained Part 2
     You can consider the expenses of buying a home in three categories: the expenses before my loan is approved, the expenses I can negotiate with my lender, and the expenses that I cannot really negotiate. This article covers fees you can negotiate with you lender.   Read Entire Article...

Expenses During The Mortgage Loan Process Explained Part 1
     So you are shopping for a mortgage. Have you been asked to pay an application fee? Did you pay it? Is it refundable? These items are addressed in this article. Some expenses are good to pay and others are not. This is part 1 of 3 covering the expenses of getting a home purchase or refinance mortgage.   Read Entire Article...

Buying A Home With No Money Down - How Do I Qualify?
     Believe it or not, there are still some very good mortgage programs out there for folks who have no money for down payment or closing costs. Learn what you need to qualify for this loan program. If you are purchasing a home with this loan program it is helpful to use a Realtor who can negotiate some seller assistance to pay for some of your closing costs.   Read Entire Article...

Should I Rent or Buy a Home? Am I Ready to be a Homeowner?
     Rent or buy a home? If you can swing it, owning a home leads to much faster wealth and net worth accumulation than renting. This is according to David Bach, the author of The Automatic Millionaire, he suggests...   Read Entire Article...

What is a Home Appraisal and Why Do I Need One?
     One of the key pieces of any mortgage transaction is the residential appraisal. There are many other reasons for why you might need to hire an appraiser.   Read Entire Article...

I Don't Have Perfect Credit, What Can I Do For A Mortgage?
     What can I do for a mortgage? Have a blip in your credit, or employment situation along the way? What options do you have for a mortgage? Lenders understand this and have developed mortgage loan programs that allow for these blips to allow you to qualify for a mortgage.   Read Entire Article...

Should I Use A Mortgage Broker?
     Use a Mortgage Broker, or at least get a quote from one. Mortgage brokers are competitive and flexible. But keep them honest by getting several quotes.   Read Entire Article...

Can I Really Get A Mortgage With No Closing Costs?
     What is a No Closing Cost Mortgage? No Closing Cost Mortgage means that your interest rate is higher. The higher interest rate pays your mortgage company which uses that money to pay your closing costs. In the end you pay your closing costs with a higher monthly payment than if you pay your closing costs a different way.    Read Entire Article...


 



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