Pre-Approved and Ready to go Home Shopping? Avoid these Mortgage Approval Pitfalls
Congratulations! You are pre-approved for a mortgage and ready to find the home of your dreams. You have nothing to worry about since you have a pre-approval letter in your hand, right? Not exactly!
Don’t Finance Anything
Posted by Joe Hayden on November 25, 2013 in Mortgage Loan
The FHA is Taking Steps to Bolster Capital Reserves
The FHA is revamping several major components of their mortgage loan program that will affect a significant number of home buyers and sellers. The goal is for the FHA to increase its capital reserves and help to preserve its mortgage insurance ...
Posted by Joe Hayden on February 17, 2013 in Mortgage Loan
The Kentucky Housing Corporation has Low Mortgage Interest Rates
The Kentucky Housing Corporation (KHC) has announced that it is currently offering the lowest mortgage loan interest rates that it has ever offered. These rates and terms are current as of Tuesday, January 3, 2012, but they are subject to ...
Posted by Joe Hayden on January 3, 2012 in Mortgage Loan
Help for Veterans Facing Foreclosure
Although the celebration of Veterans' Day honors those who have served our country, many civilians and congressmen alike feel that more needs to be done to honor and enhance the lives of those who have served. On September 22, 2010, ...
Posted by Joe Hayden on November 11, 2010 in Mortgage Loan
Military Veterans can Benefit from Government Loan Programs
Buying a home in Louisville, KY may be the biggest investment of your life, but using a government loan program to finance your home can have a host of benefits to ease the financial burden. Especially if you are a military veteran, there are ...
Posted by Joe Hayden on August 5, 2010 in Mortgage Loan
Using Your $8,000 Tax Credit as a Down Payment on a Home
Louisville, KY FHA Mortgage Loan
The FHA has announced a new program to allow people who have not owned a home in the previous three years to apply their $8,000 tax credit to the down payment of a new home. The details have not been officially ...
Posted by Joe Hayden on May 15, 2009 in Mortgage Loan