House Buying 101 for the Single Mom

December 7, 2010  |  Home & Mortgage  |  No Comments

Home buying is a great deal of expense and stress for anyone especially the single mom. House buying can be a great experience and it can be nightmare for others. The single mom has some disadvantages over others as she may not know exactly what to look for when she begins her search of a new house. There are many things that she will need to learn before signing those final papers. Following are a few tips and suggestions for

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Securing a Home Mortgage

July 16, 2010  |  Home & Mortgage  |  No Comments

Like most single mothers who are preparing to buy a home, you have worked extremely hard to save the down payment money needed to secure a home loan. But because you are a single parent, qualifying for a home mortgage can be difficult, which is where single-parent mortgages come into play; these specialized mortgage programs are designed to help an individual parent with only one stream of income. Use the following tips to get your mortgage request approved. Examine Your Current

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Saving for a House – How much of a Down Payment do you really Need?

May 14, 2010  |  Home & Mortgage  |  No Comments

When it comes to saving for a home, many people are unsure about the amount of down payment that is required, as it can vary from lender to lender and even through various regulations that can be seen. Although most standard lenders have quoted the number of ten percent down payment for the house that is being purchased in the past, there are many home owners that have purchased a house for as little as five percent down payment and other

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Comparing Mortgage Rates between Lenders

May 2, 2010  |  Home & Mortgage  |  No Comments

Congratulations! You are perhaps considering the purchase of your first home or are considering a change in your current housing situation. Through this change, in the instance that you are requiring a mortgage, it is important to compare the current rates that are available to ensure that you are able to find the rate that is best suited to your needs. While comparing rates, it is important to ensure that you are comparing the precise terms that are associated with the

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Single Mother and Your Mortgage – How much can you Afford

April 17, 2010  |  Home & Mortgage  |  No Comments

A home is one of the most expensive purchases, investments that a person is going to make through the course of their lifetime. For this reason, it is important to plan accordingly to determine how much that you are able to afford within the budget for a purchase of a home and the effect that this purchase is going to have on the rest of the budget. Are you toying with the decision whether to keep renting or purchase a home?

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