Archive for April, 2009

If you want to have your own home and you can’t afford big down payment, home loans is the answer to your needs. I know how it feels, I’ve worked in the real estate and I know the ins and outs of financing. So if you really feel like moving into a new home and you think you have what it takes to get assistance from FHA, the better. FHA or Federal Housing Agency is an agency, within the U.S. Department of Housing and Urban Development, that administers many loan programs, to make more housing available. Some of the requirements that you have to meet to avail the loan are good credit history, source of income and of course, social security number. In case you had foreclosure, it should be at least three years in the past and two years for bankruptcy. It’s one of our benefits and I’m grateful for the current administration for attending the recent problem in the housing industry today.