May 19, 2012

Money Saving Tips for Home Buyers

home for sale

One of the biggest challenges for home buyers today is the increased down payment requirements of many mortgage loan programs.  The larger down payment requirements combined with closings costs and the prepaid expenses to establish an escrow account for property taxes and home owners insurance can prohibit many families from purchasing a home. There is a way [...]

Help for America’s Homeowners – Government Home Affordable Refinance Program

house

The Federal Housing Finance Authority recently announced that the Home Affordable Refinance Program, (HARP) would be extended through June 30, 2012.   This is great news for millions of homeowners that are making their monthly mortgage payments but are unable to refinance their current mortgage due to the decrease in their home value.  As a result [...]