Thursday, October 30, 2014
If you want to experience both benefits, you may want to consider getting one of the available FHA home loans in Sacramento. This type of loan is provided by a financial institution and insured by the Federal Housing Authority. Consequently, even if you fail to pay the loan, your creditor’s interest is protected by the FHA’s funds. Creditors are confident to offer this loan with lower interest rates and down payment requirements.
Tuesday, October 28, 2014
Getting pre-approved for any of the best Roseville home loans, your chance of buying your dream house increases as well. Sellers prefer guaranteed sales and normally give preferential treatment to offers from buyers who are pre-approved for a home loan. You’ll find yourself in a desirable position with a pre-approval for a loan provided by a reputable mortgage broker like Iron Point Mortgage.
Sunday, October 26, 2014
Alternatively, Sacramento mortgage brokers can recommend special home loans to homebuyers who meet the requirements. VA Loans offered by the Department of Veterans Affairs enable current and former service members of the military to purchase a house without a down payment and mortgage insurance premiums. The Federal Housing Administration, meanwhile, offers FHA loans that have down payments as low as 3.5 percent of the property’s original price, plus the inclusion of closing fees into the loan itself. Such loans are quite helpful for first-time homebuyers, senior citizens, and low income households.
Friday, October 24, 2014
Considering that this trend is expected to continue up for at least the next few months, homebuyers in Placer County should consider help finding a Roseville mortgage package that suits them best. Fortunately, mortgage brokers like Iron Point Mortgage are eager to help them out by getting them pre-approved for certain home loans and refinancing their mortgages. These companies also help buyers figure out how much mortgage they can afford by reviewing their credit scores and home equity values.