HUD Credit Score Guidelines For FHA Loans
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HUD Credit Score Guidelines on FHA Loans

ByGustan Cho
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This guide covers HUD credit score guidelines on FHA loans. HUD, the parent of FHA, is the government agency that sets the minimum HUD credit score guidelines for FHA loans and other updated HUD guidelines. Many of our viewers today are reading this blog because they are getting conflicting reports on the HUD credit score…

Closing Costs on House Purchase
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Closing Costs on House Purchase and Refinance Transactions

ByGustan Cho
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In this article, we will cover and discuss the closing costs on house purchase and refinance transactions. Home buyers need to worry about the down payment and closing costs on house purchase when it comes to a home purchase. The down payment is normally 3.5% for FHA-insured mortgage loans. Down Payment Versus Closing Costs on…

Buying a House in Puerto Rico
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Buying a House in Puerto Rico With a U.S. Based Mortgage Lender

ByGustan Cho
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If you’ve ever dreamt of owning a piece of paradise in the Caribbean, Puerto Rico may be your perfect destination. Buying a house in Puerto Rico is an attractive proposition with its stunning beaches, rich cultural heritage, and thriving real estate market. It is becoming increasingly popular among Americans in the mainland United States. Many…

IDHA Down Payment Assistance Mortgage
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IDHA Down Payment Assistance Mortgage Program

ByDale Elenteny
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This guide covers the IDHA down payment assistance mortgage program for first-time homebuyers. In today’s rising economy, many Americans need down payment assistance to buy their dream home. Many hard-working. Americans make good incomes and can easily afford a mortgage payment on an average $200,000 Illinois home purchase. However, many do not have the down…

Down Payment For Home Purchase Requirements (1)
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Down Payment For Home Purchase Guidelines By Lenders

ByGustan Cho
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In this guide, we will cover down payment for home purchase requirements by mortgage lenders. Homebuyers planning to purchase a home have two types of costs they need to come up with. Down Payment For Home Purchase Requirements Closing Costs Mortgage lenders will require a down payment for home purchases. This is because they want…