Archive for: December 1, 2006

December 1, 2006

Mortgage Broker Company - What is HUD?

Filed under: Mortgage Broker Company - 01 Dec 2006

According to Mortgage News Today. 

The US Department of Housing and Urban Development; established in 1965, HUD works to create a decent home and suitable living environment for all Americans; it does this by addressing housing needs, …

Mortgage Broker Company - More On FHA Mortgage Loans

Filed under: Mortgage Broker Company - 01 Dec 2006

FHA offers a guarantee to the mortgage company for the loan the company is lending to you.  You can pay as little as 3% of the purchase price of the house and finance your closing costs. 

You can buy a house …

Mortgage Broker Company - FHA Mortgage Loans

Filed under: Mortgage Broker Company - 01 Dec 2006

FHA loans can be used for buying your first home, remodeling your home, buying investment property or fixing it up.  FHA is not a lender it it the Federal Housing Administration.  They simply insure your loan so that your lender …