Built for today’s first time home buyers and available for those who have already owned a home, Fannie Mae has replaced the MyCommunityMortgage® with the HomeReady™ Mortgage loan program. Below are some highlights of the new program: Extended households may help you qualify If your household includes members who won’t be included on the mortgage-such … Continue reading HomeReady™ Mortgage Loan Program
Buying a Fixer-Upper? Consider the FHA 203K Loan
Are you having a hard time finding a property in your price range? Have you considered a fixer-upper? If you find a house with potential on the lower end of your budget, an FHA 203K rehabilitation loan allows you to finance repairs and the house purchase in one loan. A bedroom addition, a family room … Continue reading Buying a Fixer-Upper? Consider the FHA 203K Loan
Steve Kern 