How Many Mortgage Loan Payments Can I Miss Before Foreclosure?
Under normal circumstances, you might miss four mortgages before foreclosure. But it also depends on several factors, including your lender's specific policies and the real estate market. However, (during the COVID19 pandemic) the federal government has protected mortgages guaranteed by the Federal Housing Administration (FHA) or supported by Fannie Mae ...
FHA Loan: What Should You Know?
If you're looking to purchase a new house or even a fixer-upper, you might be wondering what an FHA loan is and whether it is suitable for you. These are the ten main factors that set this type of mortgage apart. What is an FHA Loan? An FHA mortgage is ...
Should I Select an FHA Loan to Buy My New Home?
Financing your new property or construction home requires time, organization, and understanding of the different alternatives available to you as a customer. One option is the FHA loan, offered by the Federal Housing Administration. In contrast to other mortgages, FHA loans have many benefits and are designed specifically to streamline your ...
Home Insurance vs. Mortgage Insurance
Buying a property for the first time can be perplexing, especially when trying to decipher the myriad terminologies associated with the process. As a result, don't mistake home insurance with mortgage insurance while deciding the type of insurance. What is Home Insurance? Family property insurance can protect you financially if ...
Side Hustle To Pay Off Mortgage Faster: 4 Simple Ways
Are you considering a side hustle to pay off mortgage faster? The thought that you still have a mortgage payment to make can be debilitating. More so, when it doesn't seem you are making such a huge headway in paying up faster. For some people, it can be draining and ...
What Counts as Income for a Mortgage?
So you are ready to become a homeowner; the first step is finding a home you love. The second step will be to look for a mortgage loan when you find your dream house. Next, your mortgage lender will scrutinize your earnings to ensure that you can afford the monthly ...






