by Kevin M. Lyle | Jun 6, 2017 | Borrowing, Homes
A mortgage is a specific kind of loan that covers the purchase price of a house or other property. The most common type of mortgage is a family borrowing money to pay for a new house. Sometimes companies use mortgages when they buy new locations or buildings to help...
by Kevin M. Lyle | May 2, 2017 | Borrowing, Homes
If you have ever wondered what is a conventional loan when reading about mortgages, we’re here to help. A conventional loan is a type of mortgage that does not have any kind of government guarantee backing it. Some loans have government backing because they are...
by Kevin M. Lyle | Mar 28, 2017 | Borrowing, Buying Tips, Homes
If you are looking to fulfill the American Dream of homeownership, you are in good company. Millions of people each year take the leap into buying a home and seek out the best home loans to aid in their purchases. The Federal Housing Administration (FHA) connection in...
by Kevin M. Lyle | Mar 17, 2017 | Buying Tips, Homes
The first time homebuyer credit was a wonderful credit that the government decided to provide to people who purchased a home during certain years. The credit allowed such people to receive a tax deduction to help them better their standings.The credit would allow the...
by Kevin M. Lyle | Mar 12, 2017 | Homes, Trends
As the name suggests, the Fair Housing Act is a federal act in the United States that prohibits discrimination in all matters related to housing. The main idea behind this act is that any person, no matter his or her race, religion, sexual orientation, and so on, has...
by Kevin M. Lyle | Feb 21, 2017 | Borrowing, Buying Tips, Homes
The United States Department of Housing and Urban Development, or the HUD, is part of the United States federal government. It’s a cabinet of the Executive branch, the same way the United States Department of Arts and Culture is, and its function is to improve housing...
