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FHA Loans Just Became More Expensive

Dollar House

The FHA, one of the country’s leading mortgage insurers has announced that it will be increasing fees, down payments, and restricting the amount a buyer can expect contributed by the seller at closing. What this means for the average buyer is that obtaining an FHA loan may be both more difficult and more expensive. Over […]

Important FHA Loan Changes for Home Buyers

Avoiding First Time Home Buyer Mortgage Mistakes In the Orlando Market – Part 2

stressed

Hopefully you already read part one of  Avoiding First Time Home Buyer Mortgage Mistakes In the Orlando Market, so you already know the top three mistakes to avoid. But don’t put down your pencils yet, there are three more common first time home buyer pit falls you should be aware of. 1. Not getting pre-approved […]

Avoid First Time Home Buyer Mortgage Mistakes - Part 2

How to Avoid First Time Home Buyer Mortgage Mistakes In the Orlando Market

red-homes

Since the collapse of the real estate market a few years ago it has become clear that many buyers simply did not know what they were getting into with their mortgages.  Lenders are in the business of selling mortgages, they are making money in a variety of ways from your mortgage amount. Obviously the higher […]

How to Avoid First Time Home Buyer Mistakes