Posted in Mortgage

popular types of mortgage loan

Currently in the market there are three most important types of mortgage loans. Are you in search of mortgage loan? If yes is what you have answered then it is wise for you to know the types of mortgage loans that are presently popular in the market. Most of the…

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Posted in Condominium

Buying A Condo As An Investment Property – Pros And Cons

If you’re like most people, you want your financial future to be better than your present, or at least not worse. So, you set money aside and think of ways to make it grow. The options seem endless, but you’ve selected real estate as your investment arena, and you’re considering…

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Posted in Condominium

Condominium Rules Being Changed

Condominium buyers have to abide by fresh lending rules. This has compelled many developers to scrap new projects. They fear many buyers will not be able to buy condominiums. The Federal Housing Administration has put a limit on the number of buyers who can avail of loans. There are also…

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Posted in Condominium

Its Important For Your Condominium Community To Be Hudfha Approved

The Feds changed the game. You now need to be HUD and FHA approved before your condominium community can offer FHA loans to your buyers. Once your complex is approved you must be recertified every 2 years. If your condo community is not HUD/FHA approved you are missing out on…

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Posted in Condominium

FHA Reverse Mortgages for People Older Than 62

If you are age 62 or older you may want to participate in FHA’s Home Equity Conversion Mortgage (HECM), better known as the Reverse Mortgage, program. To qualify for a Reverse Mortgage you must be a homeowner that has paid off your mortgage or paid it down by a considerable…

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Posted in Mortgage

Affirmative Defenses to Foreclosure Lawsuits in Florida

Below the Florida Rules of Municipal Procedure, a plaintiff trying to get a judgment of foreclosure is required to attach a copy in the Note to its complaint. A Florida home owner who is served using a foreclosure complaint without a a copy with the Note should assert this being…

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Posted in Mortgage

Reverse Mortgage-the Convenience Of Loan Repayment For Old Age

We are familiar with the term mortgage which is a necessary financial factor for those who are having less finance with them while buying a home. On the other hand, reverse mortgage is a similar kind of financial benefit received by the homeowners who are in the retirement age. Here…

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Posted in Condominium

Fha Streamline 203k – The Basics

One of the most exciting opportunities today for loan officers and real estate agents alike is the opportunity to sell off the glut of foreclosed homes on the market. A big problem with these potential deals is that most people who are losing their home because they can’t make the…

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Posted in Commercial Property

Mortgage Loans After Bankruptcy What Options Are Available

Bankruptcy has its uses, with crippling debts cleared the principal one. But there is also a price to pay, with many lenders preferring not to lend to those who have taken such action in the previous 2 or 3 years. So, what chance of getting a mortgage loan after bankruptcy?…

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