Paying Mortgage When Unemployed

Home Affordable Unemployment Program There are times in life when bad luck hits you bluntly in the face. Having a mortgage and being unemployed is such a case. Thousands of Americans have found out that their home value has sunk deep, their mortgage payments are coming as scheduled, but then the worst case scenario happens […]
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What Is Principal Reduction Alternative

Learn More On Principal Reduction Alternative There is hope for homeowners who who’s property is worth much less than they owe. Being an owner of a home on which the loans and mortgage is much higher than the value of the place is a very risky financial situation to be in. For these kind of […]
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Find No Money Down Home Loans

No Money Down Mortgages The term ‘No Money Down Home Loans’ is usually referred to the low down payments mortgage offers. These were widely offered before the 2008 sub-prime hurricane swept it all to the dumpster. Many might not be aware, that such home loans may still be available at under some restrictions. Rural Housing […]
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FHA Seller-Funded Down-Payment Loans

FHA Hit By Seller-Funded Down-Payment Loans It took the Congress a while but the Seller-Funded Down-Payment Assistance Loans which nearly brought the FHA into bankruptcy itself, had been finally blocked off. Though these seller funded assistance loans for down payment are only a small fraction of the over all FHA mortgage budget. They have a […]
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FHA Mortgage Loans Causing a New Mortgage Depression

The financial markets may be facing another turmoil, as the FHA insured home loans may crack down some of th largest nations banks. The mortgage lenders such as Bank of America (BAC_), Wells Fargo (WFC_) and JPMorgan Chase are facing large losses due to a non proportional growth of mortgages borrowed through the FHA
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