It used to be a basic expectation if you were applying for a loan, you had to be employed. Today, in a time of economic unrest and government support offered to lenders, there is a lot more leeway when it comes to giving loans, and unemployed applicant may find themselves approved. Job lose is much [...]
Here is a story of a couple who were able to stop foreclosure through FHA housing loans. May this story be a guide for all those other couples and families who are in need of help from the financial crisis that threatens to take away one’s beloved home. Mr. and Mrs. Sanders was a happy [...]
What is FHA loan? Why are FHA housing loans so popular? Aside from food, there is no greater necessity than having shelter. Everyone wants a house. In this life, living from rented room to rented room or rented apartment to rented apartment is quite demoralizing. Everyone needs the security of having their very own house [...]
WMFE is helping the Orlando community face the on-going mortgage crisis by connecting people those in need with trusted community resources to help them address or prevent a foreclosure situation and deal with other aspects of the current financial crisis. Our work continues here at our new interactive web site – wmfe.org/mortgage. Youll find all [...]
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Rule #1: Banks WANT to Give you Money In fact they’re desperate to give it to you. Every bank in the world makes their money by making loans and charging interest. But bank’s are also faced with a dilemma. If they give loans to everyone, then that money becomes less valuable. In fact, it…