Some cool chateau pictures:
Château de Boursheid
Image by Marc Ben Fatma – check out Benymarc.com and like my FB
Château de Boursheid
(Castle of Boursheid )
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Question by Danielle: What’s the best place/way to apply for a home improvement loan?
I inherited a home that seriously needs repairs. I don’t have great credit though and would like to apply for a low interest home improvement loan, sick but have no idea where to start. I do have access to a credit union. Thanks!
Best answer:
Answer by cafalldavies
Bad credit is going to be your #1 problem, but if there is equity in the home you can borrow a Home Equity Line of Credit against it. Most commercial banks/credit unions will allow you to set up autopay on it so you don’t even have to think about making the payments… which is really good because if you don’t pay, you could lose the house.
For most commercial banks you will need a minimum 680 FICO score or a cosigner with a higher score to get a home equity line, but credit unions often have lower standards, so you should check with your credit union.
What do you think? Answer below!
Question by Nelson: How do I become a mortgage broker or mortgage agent in California?
I am fresh out of a college. Not just any college; a community college. And I need step by step how to become a mortgage broker or mortgage agent please. Thanks alot.
Best answer:
Answer by nostalgia80
Get a job at the Mortgage Broker Office.
at first, this site you’ll just answer phone calls and all, but eventually, you’ll either be a processor or agent.
Know better? Leave your own answer in the comments!
FHA to Tighten Mortgage Programs
Carol Galante, more about the FHA's acting commissioner, discount in a letter Tuesday to Sen. Bob Corker (R., cost Tenn.) said the changes would be implemented by Jan. 31. The changes include suspending the FHA's most popular reverse-mortgage option that allows Americans 62 …
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Tightening up on reverse mortgages
In a letter Dec. 18 to Corker, acting FHA Commissioner Carol Galante announced plans for an “immediate cessation” of the standard fixed-rate version of the program. The moratorium will not shut down all forms of FHA-backed reverse mortgages. Borrowers …
More informaiton please visit here…
FHA Extends Foreclosure Relief to Disaster-Stricken Areas
The Federal Housing Administration (FHA) has published Mortgagee Letter 2012-23 to help families with FHA-insured mortgages struggling to repair or rebuild their homes in the wake of major disasters like Hurricane Sandy. Mortgagee Letter 2012-23 …
More informaiton please visit here…
