MORTGAGE101 FEATURED ARTICLE
Hard equity loans are provided by private investors. These loans bypass the traditional bank lenders. For certain homeowners with bad or poor credit who are unable to access traditional lines of lending, a hard equity loan may represent the last chance for help.
MORE MORTGAGE ARTICLES
When you go through the process of selling or buying a home, one of the questions on your mind might be 'how much does a home appraisal cost?' The answer to that question is that it depends on several factors, but there are a few standard guidelines that can help you better estimate your cost.
A 125% home equity loan is not without its dangers. Consider the following information before you consider applying for a 125% home equity loan.
FROM THE MORTGAGE101 BLOG
The Federal Housing Administration has been taking a lot of flack lately from government and market officials for letting its Capital Reserves fall below the federally mandated rate of 2 percent. Now Congress is investigating whether it needs to force the FHA to make some major changes to its mortgage loan programs.
FHA home loans have...