(TNS)—Less-rigorous lending standards and lower down payment requirements make FHA loans popular with mortgage borrowers. An FHA loan is a mortgage insured by the Federal Housing Administration. Borrowers with FHA loans pay for mortgage insurance, which protects the lender from a loss if the borrower defaults on the loan. Because of that insurance, lenders can—and do—offer FHA loans at attractive...
I’m having a small bathroom remodeled. My wife and I thought we did our due diligence and hired a great contractor. I came home from work to discover the ceramic wall tile has a gap issue. The back of the decorative edge tile is floating above the adjacent wall by almost a half-inch. The remodeling...
(TNS)—You’ve decided to go for it. You know mortgage rates are enticingly low. Buying a home can be thrilling and nerve-wracking at the same time, especially for first-time homebuyers. It’s difficult to know exactly what to expect. Take these five steps to make the process go more smoothly. Check Your Credit Your credit score is among the most important factors when it comes to qualifying for a...
Editor’s Note: This was originally published on RISMedia’s blog, Housecall. See what else is cookin’ now at blog.rismedia.com: 3 Real Estate Investments That Produce Good Returns For Sale: L.A.’s Historic Merritt Mansion Infographic: 2017’s Best State Capitals to Live In “There’s no place like home,” as the old saying goes. That’s especially true when it comes to an investment. You...