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FHA, Housing's Hero, is Under Fire

Leave it to congress to try to get in the way of the current housing recovery. Even though the Federal Housing Authority (FHA) is the only lending agency that those who aspire to purchase homes can currently turn to, a House subcommittee has decided that the FHA’s assets suddenly require scrutiny.

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Reverse Mortgage: What Is The Maximum Loan-To-Value?

One of the more puzzeling aspects for reverse mortgage borrowers is understanding how much home equity is necessary in order to be eligible for a reverse mortgage home loan. Reverse mortgage borrowers are looking for a set formula or a maximum loan-to-value percentage ratio. Unfortunately, there is not a uniform ratio.

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FHA Loan Requirements Explained

On Saturday, April 5th, we reported that The Federal Housing Administration (FHA) loans have become the leading source of mortgage financing for new home buyers in America today. Do you know what the requirements of obtaining an FHA Loans might entail? If you don't know, this might be a helpful lesson toward home ownership.

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What Will the Economic Stimulus Do For You?

Depending on your political persuasion, you may be expecting this Bill to be one of the best things to come along since sliced bread or one of the worst possible disasters since the dropping of the atomic bomb!

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Reverse Mortgages - 90% of Senior Homeowners Were Satisfied With Their Lender

Reverse Mortgages have become a common retirement tool for senior homeowners and a recent study by the AARP showed that nearly 90% of those surveyed said they were satisfied with their lender.

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Refinancing A Reverse Mortgage - Is It Right For You?

With interest rates low and home values up, is now the right time to refinance your Reverse Mortgage?

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Reverse Mortgages - What influences homeowners' decisions? Part Two

Reverse Mortgages are increasingly become a popular tool with senior homeowners to provide a more comfortable retirement. But for those who decided against a Reverse Mortgage, what did they cite as their reasons?

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Reverse Mortgages - "What ways can I get the procedes?"

Reverse Mortgages allow many different ways to utilize the equity in your home as a tool to finance a more comfortable retirement, pay for medical bills or many other reasons. The question everyone has when they are considering a Reverse Mortgage is, "How can I get the procedes?"

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