Minimum Qualifying Credit Scores Has Dropped on FHA Transactions Credit Scores You may know that a couple of years ago FHA and HUD implemented new insured mortgage lending standards. These standards improve the minimum qualification requirements for the benefit of borrowers. These new standards stipulate: The MID FICO score of 580 or higher can qualify you
Zero Down Mortgage for First Time Homebuyers A Zero down mortgage is available in Nevada through Home Is Possible™. Buy a home & put your hard earned money towards your future rather than paying someone else's mortgage through rent. What's even better about this particular grant is that it works for those who aren't a
FHA Announces no more PACE Loans Pace Loans After the March 2017 updates on its PACE policy that modified: application of payments, pre-foreclosure sales (PFS) regulations, deed-in-lieu of foreclosure rules, conveyance of acquired properties, and imposed disclosure rules. FHA recently announced that they will no longer insure new mortgages on homes with PACE and HERO loans in Nevada.
Teacher Mortgage Giving back to the community is exactly what teachers do. As a result, it’s time the community gives back to our teachers and in Las Vegas they are! Fear not if you are a first time homebuyer and need a mortgage. First time homebuyer programs are available as well. How can this benefit me
21.3 million U.S renters spend 30% of their income on rent Rent in the US Practically, half of the U.S renters are burdened by the costs, a new survey has revealed. This comes against a backdrop of a 0.1 percent drop in rent in the US in September. As it turns out, the rent prices are up once