Category Archives: rural home mortgage

History Homework help!?

1. The stock market crash triggered the beginning of the Great Depression, the worst economic crisis in U.S. history. Which factor did not contribute to the crash? A a false belief that stock prices would continue to rise B purchasing of stock on credit by individuals and trusts C overvalued stock prices D too many [...]

Obama or McCain? Why? Be specific. Use Sources.Intelligent conversation only. No lies or Manipulation of facts?

Ex. I support Obama because.. I want a president who can make us proud as Americans. How great would it be after 7 and ½ years to have an articulate leader, an eloquent speaker, one who is not only willing to talk, but to listen? I believe Obama will be that kind of president. Plus, [...]

How can I find mortgage financing?

I am in the process of purchasing a home. My husband and I have 790+ credit, reliable income, enough liquid assets to purchase the home outright. We have a home that is paid for, and wish to purchase another property as investment. Our bank has told us we can put 10% down, the property is [...]

Need some financing advice for purchasing a new home!?

I found my dream home. 4200 sq ft victorian. Updated throughout. Simply stunning. they are asking 34,400. Here’s where I’m at. Owe: 33000 on current home (aprox $15000 in equity) 16500 on car A 3500 on credit cards 2000 is in collections (and have been for at least a year) I plan on renting out [...]

First-Time Home Buyer – What Questions Should I be Asking?

I am a first-time home buyer, and have begun the process by looking at properties, doing tons of research, talking to loan officers and mortgage brokers, and looking at FHA, various state grant programs, and specialized grants. Ideally I’d like to buy a home in New Hampshire and take advantage of the Rural Development Grant. [...]

First time home buyer needs advice?

My husband and I want to buy a house, we would be first time home buyers and his credit is a 620 with no credit references. We’ve heard of FHA, HUD and rural development home loans, what would be the best way to go. Also mortgage brokers vs loan officers? We know we want a [...]

Which mortgage loan is better: FHA or Rural Development’s Guaranteed Home loan?

My husband and I are buying a builders spec home in Lafayette, IN for $115,000. The home is in a new community that qualifies for USDA loans. We have been pre-approved for a FHA mortgage through Bank of America & a local mortgage broker. FHA was the mortgage we were planning on taking until we [...]