What Are Typical Mortgage Down Payments?

Traditional mortgage down payments have always been 10 to 25 percent of the total purchase price of the property. more

Alternatives to Getting a 2nd Mortgage

There are several alternatives to getting a 2nd mortgage for homeowners who need cash. Whether a borrower wants to put their assets on the line as collateral and has good credit, there are options. A home equity line of credit is one main alternative to a 2nd mortgage. This line of credit would equal the value of the property minus the amount due on the original mortgage. more

FHA Eligibility with Bankruptcy and Foreclosure

FHA mortgage loans require borrowers to wait three years after a foreclosure and two years after a bankruptcy before applying for financing. Good credit since the incident is generally a requirement as well. more

• 3 Factors that Can Negatively Affect Your Mortgage Application
• 3 Warning Signs of Loan Modification Scams
• Short Selling a Rental Property
• How to Get Approved for an FHA Loan despite Bad Credit
• Low Down Payment Loan Qualification
• What To Do When Mortgages Default
• FHA Loans for a First-Time Home Buyer
• What Lenders Don't Reveal About Home Equity Loans
• Second Mortgages: Advantages and Disadvantages
• Appraisal Basics
• 3 Reasons Banks Reject Short Sales
• Should You Refinance? Make Sure the Timing is Right
• 3 Common Short Sale Mistakes
• Home Equity Loans for People with Bad Credit