Online mortgage calculators can help you in planning and acquiring a home loan for your dream home.

Great news for investors!  Admitting that it is in fact possible to buy, rehab, and sell a property in less than 90 days, the Federal Housing Administration (FHA) has suspended it’s infamous 90 day seasoning requirement!  This is also great news for home buyers, as this suspension should effectively allow quite a few more houses onto [...]

Over the past several years, the Government and the Mortgage Industry as a whole has continuously tightened the rules and regulations when it comes to buying a home.  It has gotten to the point where even people with stellar credit and a solid borrowing history still need a hefty down payment before they can purchase [...]

The $8,000 tax credit, which was scheduled to lapse on Dec. 1 of this month, was effectively extended through the end of June 2010.  This is great news for people who were rushing to find a good home in order to qualify!  Homebuyers must now sign a contract before April 30 and close on their [...]

Attention Dallas Fort Worth first time home buyers!  Time is running out! As of now you have less than 3 months to take advantage of the $8,000 tax credit offered by the Federal Government.  If you are still planning on buying a house and taking advantage of this historic opportunity you must make your home [...]

Getting yourself pre-qualified for a mortgage is a relatively simple process. It can be achieved as easily as contacting a loan officer and having them take down some general questions about your income, employment, and monthly expenses.
Once the loan officer has this information from you they will run your credit and and make an estimate [...]

If you are over the age of 62 and you own a house, you have more than likely heard about a Reverse Mortgage.  This is an interesting issue due to the fact that Reverse Mortgages are becoming extremely popular in America these days. Unfortunately, though, many people are afraid of this type of mortgage, which [...]

If you are in the market for a new home, it is utterly imperative that you review your financing options before you make any concrete decisions.  Depending on the circumstances (and in order to make sure you get the best possible loan) you should be aware of what choices you have, and what types of [...]

One of the most commonly referred to aspects of obtaining a mortgage is the all-important issue of “points.” If you’re in the market for a new home, or if you’re looking to purchase for the first time, you’ve undoubtedly heard of them before, although you may have no idea what it means, or what “points” [...]

When it comes to purchasing a house there is one thing that will shock a first-time home buyer more than anything, and that is the total cost associated with closing a loan. To be totally honest, closing costs can be quite earth-shaking to someone who isn’t ready. If you are planning to buy a house [...]