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Starting Jan. 1, 2010, the Federal Housing Administration will adhere to new credit standards and appraisal guidelines for FHA-insured mortgages. The new guidelines, which essentially align with HVCC rules, will prohibit the undue influence of appraisers, or the choosing of an appraiser, by mort...
Buying a home is a big step and process can be complicated. That's why it's so important to have a knowledgeable real estate professional working to protect your interests. One of the first things you should do when shopping for a home is to obtain prequalification for a home loan. This will he...