Preparation, good advice can aid first-time home buyers.(Originated from Colorado Springs Gazette Telegraph)Branch, John
Buyers Feel Good about Home Loans
USAA First-Time Homebuyer Loans Created with first-time home buyers in mind, these loans are similar to those insured by the Federal Housing Administration, but are not endorsed or secured by that agency. USAA offers attractive terms and conditions for first-time homebuyers, such as down payment...
Home Loans Insurance Personal finance Investing Small business Taxes Mortgages How Long Is a Preapproval for a Mortgage Good For? Advertiser disclosure How Long Is a Preapproval for a Mortgage Good For? Mortgage preapproval is a time-sensitive document and is typically good for 30 to ...
A good month for new home buyers ; PROPERTIES OF THE WEEK ARE ON PAGE 6Barrie Farnsworth
FHA loans help first-time home buyers through lowered qualification requirements and a reduced minimum down payment. With competitive rates and a required down payment of just 3.5 percent of the loan’s total value for credit scores of 580 and above, FHA loans help those who haven’t owned a...
with clients in circumstances similar to yours. The needs offirst-time homebuyers, for example, are different from those of repeat buyers or homeowners who are looking to downsize. And a downtown-condo specialist will have a different type of knowledge than an agent whose expertise lies in sing...
Good debt—mortgages, student loans, and business loans, steer you toward your goals. Bad debt—credit cards, predatory loans, and any loan used for a depreciating asset—steers you away from your goals. With debt, moderation is key; even good debt, when overused, can turn bad. Bad debt...
In our Eye on Money series, we are taking a closer look at the changing housing market. According to the National Association of Realtors, sales of existing homes jumped nearly 12 percent in February. It was the biggest month-over-month gain in more than
For first-time home buyers an ARM might even look like a lifeline. That’s because the lower initial monthly payments could mean they can still afford to buy a home, though perhaps a more modest one than they were dreaming of. However, borrowers who opt for an ARM are shouldering a ...