With any home loan program choosing the right lender for your home loan is a crucial step in the loan process. The kiddie condo loan has been around awhile now, but the guidelines can every so often so it’s important that the lender you choose knows the ins and outs to kiddie condo loans specifically. […]
Kiddie Condo Loan Benefits
The benefits and advantages of a FHA kiddie condo loan are quite the buzz in the mortgage market gossip. The FHA offers great programs for first time home buyers, but they don’t just offer benefits to first time home buyers. The FHA can help anyone with extenuating circumstances and even those who may think they […]
Co-signing for a Kiddie Condo Loan
A few of the many benefits that kiddie condo loans offer are, allowing employed college students to obtain mortgages with a co-signer and the more lenient qualifying requirements. That college student in your class that lives just a few blows away from campus could actually be a home owner- with a little help from their […]
FHA Home Loans: Family Helping Family
The FHA home loan allows family members to help make it easier for their family members to get approved for a home loan, even if they’re not going to live with them. The FHA also allows family members to provide “gifts” that can be used for down payments, closing costs or to pay off debt […]
FHA Loan Qualifying Steps
First time homebuyers can take advantage of the many benefits the FHA home loan has to offer. One of these benefits is the ability to purchase a home with a low down payment and a less than perfect credit score, even borrowers who may have a lower debt to income ratio. Borrowers can enjoy the […]
Kiddie Condo Loan Option Post Divorce
A divorce is an incredibly trying time on an individual and their family members. One of the most painstakingly parts of the divorce process is dividing up shared assets and determining future living situations. The kiddie condo loan will basically allow a blood relative to help acquire a property by co-signing on the loan. For […]
Co-Signing A Kiddie Condo Loan
College students can apply for mortgages if they are employed and have a co-signer, many of the lender standards are stricter now, but it’s still a possibility for college students to own their own place. That fellow college student in your class living in the condo a few blocks from campus may actually be a […]
Five FHA Home Loan Facts
The lower down payments and more lenient lending standards make FHA loans one of the more popular options for mortgage borrowers. An FHA loan is a mortgage loan insured by the FHA also known as, the Federal Housing Administration. Borrowers who choose this option are required to pay for mortgage insurance, which protects the lender […]