Not every home buyer finds the home they want to spend the rest of their lives in. Many people decide that they prefer to build their own home. For most, this means loans for land, construction and a permanent mortgage. Understanding the requirements for new construction home loans is crucial.
Learn the procedures of financing your home, calculating your mortgage payments, refinancing and more. Find out what you can afford, home loans, insurance, equity, how to pay your mortgage off early and more! Buying your own home can be very exciting, yet stressful. Take off some of the stress of buying a home by learning how your mortgage works, tips on saving money and budgeting your payments.
Any time you make a financial decision, you must weigh the pros and cons. For reverse mortgages, pros & cons can make a very big difference in your decision. Take the time to learn more about them before you make this important financial decision.
Can bankruptcy stop foreclosure? The answer depends on what type of bankruptcy you file. Filing Chapter 13 can help you stop the foreclosure process and save your home, but you may want to look into alternatives first.