2018 To Be A Breakout Year For Indiana FHA Buyers

FHA Approvals In Reach For More Buyers FHA loans have long been one of the most popular mortgage types available. Roughly twenty percent of all mortgage applicants will opt for an FHA loan because of its buyer-friendly guidelines according to mortgage software company Ellie Mae. FHA was designed to help home shoppers with lower ...
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Solve These 3 Problems And Improve Your Credit Sco...

2018: Time To Grow Up And Fix Your Credit Score You have goals for the coming year. Hopefully, some of them are financial. For instance, improving your credit score so it stops embarrassing you. Paying off debts with ugly interest rates. And saving some money for actual emergencies. (Vegas weekends do not count as emergencies, just ...
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Low- and No-Money-Down Indiana Mortgages For 2018

You Don’t Need 20% Down To Buy A Home It can take ten years or more to save for a downpayment, so maybe you should stop trying. After all, you don’t need a downpayment to purchase a home. That fact, plus a steady rise in U.S. rents, are among the reasons why ...
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Indiana Down payment amounts are up — here’s w...

Be a down payment saver Saving up for a down payment on a home can be tricky. In fact, it’s often the hardest step in the process of buying a home. That’s because you must tighten the financial belt and make sacrifices. Some pros suggest putting down at least 20 ...
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Lending gets easier for Millennial Indiana home bu...

FICO scores drop for Millennial Indiana home buyers It seems lending standards are loosening for Millennial home buyers. According to the latest Millennial Tracker from Ellie Mae, the average FICO score for a Millennial buyer has dropped two full points over the last year. Scores are down even more on ...
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10 Simple Tips to Raising the Value of Your Home ...

Today, unlike the past, when almost every property was a good deal for buyers, you have to hunt for (and buy) only the best. And one specific way to do that is to purchase a property and increase the value significantly. That way, if home values do drop, you’ll avoid being ...
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The 401(k) Indiana Home down payment: Navigate thi...

Should you borrow against or withdraw from your 401(k) to buy a home? The 401(k) down payment sounds like an easy solution to a difficult obstacle: how to save to buy a new home while paying rent on your current one. If you have money invested with your employer for ...
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Could the new tax plan benefit Indiana home buyers...

Hidden benefits for home buyers It seems the recently passed tax legislation may have some hidden benefits for this year’s home buyers. According to a report from Moody’s Analytics, the changes could slow home price growth by as much as 4 percent by 2019. Verify your new rate (Jan 10th, ...
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What is a USDA Loan? Indiana Eligibility, rates &#...

What is a USDA loan? The USDA home loan program is one of the best-kept secrets in the home buying market today. This zero-down, 100% financing home loan is sponsored by the United States Department of Agriculture to promote homeownership in less-dense communities across the U.S. For this reason, it’s often known as the ...
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Indiana FHA loan limits are increasing: that’s g...

FHA mortgage loan limits go up in 2018 The Department Housing and Urban Development (HUD) recently announced that FHA loan limits will increase in many parts of the country.  This is big news for borrowers who want to pursue an FHA mortgage loan. FHA loans are popular because they allow ...
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