FHA easing rules for some credit-impaired applicants

Borrowers with “extenuating circumstances” may qualify sooner to buy another home after a foreclosure, short sale,   bankruptcy, or deed in lieu of foreclosure. FHA is taking a slightly different approach to “extenuating circumstances” that may have triggered steep drops in an applicants’ credit scores. FHA historically has been more willing to consider the contributing factors […]

Finance Changes Coming in 2014

From everything I am reading, it seems that if anyone is “on the fence” about buying a home; it MIGHT be better to do it sooner  rather than later. (if it involves the buyer obtaining a new loan) More specifically, prior to January 10th, 2014. Here are a few potential reasons: The Consumer Financial Protection Bureau […]