For homeowners who are 62-years-old or older, the FHA also offers a reverse mortgage program known as the Home Equity Conversion Mortgage (HECM). Through this program, seniors can withdraw some... Read More »
Most banks have tightened lending standards recently, which has resulted in fewer home buyers qualifying for mortgages and lines of credit. Much of this action is the result of the recent real estate... Read More »
The length of credit history has a bit more weight in your credit score than the previous two types of factors. Whereas the first two categories accounted for only 10 percent of your credit score each,... Read More »
Buy a home in Las Vegas, Nevada! One of the most happening cities in the whole of the United States, Las Vegas is the home of the hip and the hop. People who want to stay in the loop... Read More »
If you are interested in purchasing a manufactured home, there is an FHA program available to help you get the funding you need. While some lenders are reluctant to loan money for manufactured homes... Read More »
We at the Snyder Group wish you all a Happy Mother's Day! May your day (and the days ahead) be filled with much laughter, love, family and friends!
While the type of credit you have opened in the past will have an impact on your credit score, the amount of new credit you have will also have an effect. Like the types of credit category discussed... Read More »
Whether you are purchasing your first home or not, you may be eligible for an FHA loan if you are interested in purchasing a fixer-upper. Also referred to as a “Handyman Special,” these... Read More »
Clarification was offered Monday on misconceptions regarding the REO-to-Rental Initiative, currently in pilot stages. Meg Burns, FHFA’s senior associate director for housing and regulatory policy,... Read More »
If you are ready to purchase a home, it is essential to learn more about how your credit score is determined. While your credit score is only one factor that is used to determine whether or not... Read More »
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