Purchasing an investment property is one of the most important decisions that you’ll ever be a part of. As such, it’s a necessity to make your decisions with only the most careful of consideration.
What Is A Mortgage Pre-Qualification?
A mortgage pre-qualification is an initial estimate of what type of mortgage a borrower could get. It is limited, though, because it’s only based on what the borrower tells the lender, which might not be the same as what the lender finds out when it goes through a full process of analyzing the borrower and his credit.
How Can I Get A Cash-Out Refinance Using An FHA Loan?
While homeowners typically equate the FHA loan program with low-down payment mortgages, FHA refinances are also available.
What Are The Requirements To Sell A Home Using An FHA Loan?
Before an owner can market a property to buyers that want to use a FHA loan, he will want to familiarize himself with the FHA’s standards. FHA won’t insure loans on just any property.
While their standards aren’t as stringent as they used to be, a home needs to be in relatively good condition to qualify for FHA financing.
Can I Have A Co-Signer For My Mortgage Loan?
Like credit cards or car loans, some mortgages allow borrowers to have co-signers on the loan with them, enhancing their application.
