To help protect consumers from unscrupulous investors that "fix and flip" homes without regard for quality, the Federal Housing Administration (FHA) has a rule that requires the home owner to have possession of a home for at least 90 days before they will insure it. The means that the borrower could not qualify for an FHA loan for such a home. With all of the changes in the mortgage industry, FHA loans are now a … read on »
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New Company Helps Customers Get Paid For Their Home Loan
In a day where the mortgage rules continue to change, few would ever think that the mortgage industry would make changes as extreme as sharing their profits with the customers, but one company has put together a business model with precisely that model. Loan Home, Inc. has recently launched an amazing program that offers incentives in the form of a payment to the customer by going through Loan Home to get their mortgage from one … read on »