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FHA Issues New Home Ownership Guidelines

The Federal Housing Administration has long had the mission to help first time homebuyers and others who may not be able to qualify for a conventional mortgage. Right now you would likely need to have a down payment of 10 to 20% in order to qualify for a typical conventional mortgage. Before the mortgage crisis, there was actually a time when it was possible to get a conventional loan for zero down payment and even for 125% of the value of the house. Those days are over for now and may not return in the foreseeable future. Lenders are now much ...
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Calculate Your Potential Mortgage

Many people attempting to repair their credit are doing so in order to achieve that Universal American Dream of home ownership. How much house can you afford? Check out this Mortgage Calculator.
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