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Don’t have a lot of money for down payment?

  • Post published:8 January, 2010
  • Post category:Assets & Home Values/Down Payment/Down Payment & Closing Costs/Qualifying

(All stories shared on Lending A Hand contain fictitious names with changes to insignificant details.  The privacy and trust of our customers is our top priority.) I received a call…

Continue ReadingDon’t have a lot of money for down payment?

The Bank of Mom and Dad

  • Post published:28 December, 2009
  • Post category:Assets & Home Values/Down Payment

We received a couple of calls in the past few days for potential home buyers looking to get qualified for a mortgage and both of them had questions about how Mom and Dad could help them qualify. Here are their situations:

Continue ReadingThe Bank of Mom and Dad

Home Valuation Code of Conduct – Conventional Mortgages

  • Post published:1 May, 2009
  • Post category:Assets & Home Values

Modifications to the way in which lenders and appraisers work together go into effect today, May 1, 2009.  According to the Federal Housing Finance Agency (FHFA) the changes to the…

Continue ReadingHome Valuation Code of Conduct – Conventional Mortgages

Successful Qualifying – The Three C’s

  • Post published:6 November, 2008
  • Post category:Assets & Home Values/Credit & Debts/Employment & Income/Qualifying

The question of what it takes to qualify for the best terms and interest rate on a mortgage comes up quite often in my discussions with potential home buyers.  There…

Continue ReadingSuccessful Qualifying – The Three C’s
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