The Fannie Mae Homestyle Loan Explained For Moreno Valley Home Buyers

The Fannie Mae HomeStyle Renovation Mortgage is intended to assist home buyers in purchasing a home that needs work, often first-time home buyers. Basically, this kind of mortgage allows a home buyer to bundle the costs of buying with the remodeling/renovation expenses and make only a single monthly mortgage payment. These mortgages were also created, according … Continued

Zero Down Loans Explained for Moreno Valley Home Buyers

Many people think achieving the American dream (home ownership) is far beyond their reach because they just can’t come up with enough cash for a down payment. But home ownership is still possible because there are other options – even zero down payment options. Yes, traditional, conventional mortgages require a hefty down payment, sometimes as … Continued

FHA Loans Explained for Moreno Valley Home Buyers

In a nutshell, FHA Loans are designed to assist low- to moderate-income borrowers and home buyers. Issued by FHA-approved lenders, these loans are backed and insured by the Federal Housing Administration (FHA), so they pose less risk to lenders. Typically, then, FHA Loans require lower down payments and lower credit scores than conventional mortgages. Still, … Continued

4 Tips For Selling a House In Moreno Valley This Summer

Traditionally in most markets, spring is the best time to list and sell a house, with fall coming in a close second. Summer has a few selling challenges that other seasons don’t have: kids are out of school, people are on vacation, and summer activities keep a lot of people busy. So selling during the … Continued