FHA & Nehemiah
April 30, 2008 · Filed Under Real Estate · 1 Comment
As home prices drop and interest rates remain fairly stable what loan program is available to those who have little to no money for downpayment and closing costs now that the 110% stated income loans are a thing of the past?
Well, FHA is one really good option. And, for those who have 0 dollars to [...]
Good Credit vs. Bad Loans.
April 29, 2008 · Filed Under Real Estate · Comment
I just read an article on CNNMoney.com entitled “Good Credit Can’t Protect Borrowers From Bad Loans“. It explained in a very clear manner how a lot of lending decisions were made soley on the borrower’s credit score (FICO) and not much weight was given to whether they could actually pay back the loan. Things like [...]
