FHA Loans · Home Buying · Understanding Mortgages
March 17, 2020
There are quite a few loan options available to buy fixer upper homes. “By buying a fixer-upper, you can definitely increase the value of the home as it appreciates and […]
Read More...
Home Buying · Understanding Mortgages
March 13, 2020
Typically those who buy a home can only take advantage of the best interest rates and terms if it is an “owner occupied” property, meaning they plan to live in […]
Read More...
Home Buying · Understanding Mortgages
March 9, 2020
Saving up money for a down payment and closing costs to buy a house is one of the basic requirements in order to qualify for a home loan. It can […]
Read More...
Home Buying · News · Understanding Mortgages
February 25, 2020
“Affordable Loan Solution” Offers 3% Down Loan A new loan program requires just 3 percent down and no mortgage insurance. The “Affordable Loan Solution” mortgage is a new loan program […]
Read More...
February 24, 2020
After years of managing their money well, some people find themselves with credit scores of 800 or higher. FICO scores range from 300-850 — so getting in the 800s can […]
Read More...
Home Buying · Understanding Mortgages · USDA Home Loans
February 17, 2020
First Time Home Buyer’s Guide to USDA Loans First-time home buyers may find the most challenging part of buying a home is coming up with the down payment. But many […]
Read More...
Home Buying · Understanding Mortgages
February 13, 2020
Residents with green cards and work visas can qualify for a U.S. mortgage even if they are not U.S. citizens. In fact, these home buyers can qualify for government-backed and -sponsored […]
Read More...
FHA Loans · Understanding Mortgages
February 11, 2020
A couple in their mid-70s just recently purchased a home and got a mortgage to move closer to their children and grandchildren. They decided on Home Equity Conversion Mortgages (HECM) […]
Read More...
Home Buying · Understanding Mortgages
February 10, 2020
Your adult child is hard working and responsible. But because of their lack of credit history, stricter lending regulations or too many student loans, it is almost impossible for them […]
Read More...
News · Understanding Mortgages
January 28, 2020
Stated income loans are making a comeback — sort of. Extremely popular in the early 2000s, stated income loans were one of the factors of the housing market collapse. Why? […]
Read More...
Mortgage expert Tim Lucas has been helping home owners for over 12 years.
