Category: Home Loans
Support for Sustainable Homeownership
Mortgage delinquencies are at an all-time low, said Mark Cole, CEO of HLP, an organization that supports homeownership. But that isn’t stopping HLP from developing a new technology platform with the help of the Finance of America Foundation to connect homeowners facing foreclosure or other financial issues with the help they need. "We know that.....
Finance of America offers Financial Wellness Plan
Finance of America offers Financial Wellness Plan for U.S. Employers – Providing Financial Tools & Discounts to Reduce Employee Stress and Improve Performance Do money worries keep you up at night? If so, you’re not alone. The 2017 Financial Wellness Survey by Prudential found that 57 percent of employees say they are very or somewhat.....
Protect Against Fraud When Financing a Home
While signing paperwork is one of the least exciting things about buying, building or refinancing your home, the day you are set to close on a loan and move onto the next chapter in your life should be uplifting and satisfying. It wasn’t such a great day for Washington, D.C. homebuyers Sean Smith and Erin.....
Financing a New Home
Whether a new home appeals to you because you want a property built for today’s lifestyle and up to today’s standards or you just like the concept of being the first owner of a home, your financing options are similar to purchasing an existing home. You can use government-backed loan programs such as FHA and.....
Home Loan Choices
Old rules are outdated . . . consider new options. For decades, conventional wisdom dictated that home buyers make a down payment of at least 20 percent. Without those funds, buyers weren’t considered financially sound enough to invest in a home. The traditional rationalization was that a good-sized down payment led to a lower interest rate, was.....