For most single mothers, raising their children is a financial challenge. Providing a roof where they can grow is even more difficult with a single income source.
If you are searching for affordable housing, buying a foreclosed property might be the way to go. With more than 60,000 properties nationwide entering foreclosure each month.
If you are considering purchasing a home that costs above $453,000, you will not be able to get a traditional government backed loan, or FHA loan. In such cases, any loan above $453,000 is called a “Jumbo Mortgage.”
Getting a mortgage loan to purchase a home is a critical step in the financial evolution of a family.
Are you having trouble accessing the right mortgage program because of a dilapidated credit score? Do you want interesting insights to help you get an amazing mortgage program deal without having to put down that stiff cash deposit?