Federal Housing Administration (FHA) loans are incredibly popular mortgage options. For low-to-middle-income earners, FHA loans make a mortgage more accessible because the government backs your mortgage. FHA loans allow you to buy even if you do not have perfect credit. … Read More
The Federal Housing Administration, since its inception in 1934, has helped over 40 million people realize their dream of homeownership. These days, with their lower credit score and down payment requirements, FHA loans are still instrumental in helping many people … Read More
The dream of owning a home may seem out of reach for younger Americans burdened with student debt who have vivid memories of the Great Recession and housing collapse of 2009. Yet, homeownership is a very real option, especially with … Read More
The CARES Act is an attempt by the United States Congress to provide financial relief to all Americans. By now you have probably heard or even have your stimulus payment of $1,200 per person. It varies if you are married, … Read More
There is no doubt that the world has been turned upside down because of the COVID-19 global pandemic. Most states have enacted shelter in place orders, and schools are shut down. Unless a business is deemed essential, workers are idle. … Read More
Are you looking to put down roots in The Garden State? Do you want to find your first home to call your own? Then an FHA-backed mortgage could be the perfect solution for you. As a first time home buyer, … Read More
Affording a house out-of-pocket is not something attainable for most Americans. If that is news to you, you might be even more surprised to learn that almost 2/3 of all homeowners in the United States have a mortgage! If you … Read More
Owning a home of their own is a dream for most people. Yet taking out such a large loan can be intimidating. Whether you have already purchased your home and are looking to refinance, or you are getting ready to … Read More
It is not too early to think of 2020 home financing plans if you suspect that next year will be the time you take the plunge and become a homeowner. In fact, the earlier the better! Decisions like this should … Read More
It is estimated that 5.34 million existing homes were sold in 2018, and 667,000 were newly constructed. Additionally, 63.7 % of Americans own the place they live in and call home. When you narrow that down to New Jersey, those … Read More