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

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 Reasons Banks Reject Short Sales

There are many reasons why banks reject short sales. The three most common reasons a property does not qualify for a short sale are: the offer price is too low, the buyer does not qualify, or the seller does not qualify for the short sale. more

• Appraisal Basics
• What Lenders Don't Reveal About Home Equity Loans
• Short Selling a Rental Property
• FHA Loans for a First-Time Home Buyer
• 3 Common Short Sale Mistakes
• Alternatives to Getting a 2nd Mortgage
• Low Down Payment Loan Qualification
• Second Mortgages: Advantages and Disadvantages
• How to Get Approved for an FHA Loan despite Bad Credit
• Should You Refinance? Make Sure the Timing is Right
• 3 Factors that Can Negatively Affect Your Mortgage Application
• 3 Warning Signs of Loan Modification Scams
• Home Equity Loans for People with Bad Credit
• What To Do When Mortgages Default