Leasing with an choice to buy, also referred to as lease-purchase, is an option for those buyers who wish to get a house but aren’t able to find funding or… [Continue Reading]
Leasing With an Choice
Category: Budgeting Your Project
Questions About Purchasing a Double-Wide House
A double-wide mobile house is composed of 2 modular sections that are attached lengthwise, making the house double the size of a normal mobile home. The main reason many families… [Continue Reading]
What Is a Closed-End Mortgage?
A closed-end mortgage, also known as a”closed” mortgage, is among the more restrictive home loans you can get. Having this kind of loan, you can’t renegotiate the mortgage, refinance your… [Continue Reading]
What Sorts of Positive Charge Are Mortgage Lenders Searching For?
Most lenders will ask for permission to pull your credit report. The Federal Trade Commission notes that your credit report contains background information about your financial history that lenders use… [Continue Reading]
What Is Rent to Own?
When you sign a rent-to-own or lease-to-own contract, you are agreeing to lease a house for a predetermined period of time–typically a year, and also to take an option to… [Continue Reading]
Are Appraisals Needed to Refinance an FHA Loan?
Whether you’ve got a current FHA loan or a non-FHA loan, then you have the option of refinancing into an FHA-insured loan. But, to do so, you will find standards… [Continue Reading]