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FHA home loans are gaining popularity with Gen Y – Young adults in their late twenties and thirties are now looking to buy a home. However, they’re worried about higher interest rates and saving enough for the down payment. It’s not shocking to see many turning to more borrow -friendly options like FHA home loans. This loan only requires 3.5 percent down for those who qualify. New data show that millennials are taking out FHA home loans more so than in past to buy a home. This helps them significantly when it come to competing against other buyers in markets…

The FHA home loan is the most common mortgage loan product insured by the FHA that allows homebuyers and renters who lacks of perfect credits and have not been able to save big downpayment, their best shot. FHA homebuyers are not people with truly bad credit — they’re just borrowers who don’t check all the boxes for a conventional (non-government) lender — high credit score, big downpayment, lots of money in the bank and a well-paying job. If you are not perfect but wants to be a homeowner, FHA home loans may be the best step you can take. Here…

“Within the 50 states, how many can allow buyers secure an affordable down payment?” If you don’t know the answers, you’re not alone. There are 19 million young Americans who are qualified for a mortgage who don’t have one. Here are four ways to become a homeowner without needing down payment: Government-Backed Loans Borrowers with credit scores of 580 and above can put down as little as 3% on a Federal Housing Administration-insured loan. This means that it is typically easier to qualify for an FHA loan in contrast to a loan with a private lender. However, FHA borrowers who…

Hi there! If you’re interested in buying a home but can’t afford the down payment, no need to fret. There are a number of no down payment mortgage programs that you might be able to qualify for. In fact, the following 6 programs are very much worth further investigation. USDA Loans VA Loans FHA Loans Navy Federal Credit Union 100% Financing FHA 203k Loans Conventional 97% LTV Mortgage What if I’m a first-time homebuyer? First-time homebuyers often don’t have capital sufficient enough for a down payment. This is why FHA loans are very popular. Borrowers can put zero down on their…

Where Should I Live as Someone New to the Working World? Looking for a city where you can save money, be successful, and have a good time? Lucky for you, you have come to the right place.  Not only are these U.S. cities filled with ambitious and driven young professionals, but also with bustling nightlife and contagious energy. If you are trying to find the right work and life balance, read below to find your dream city. Top 10 Cities With a Booming Professional and Social Scene: 1. Austin, Texas As one of the newest tech hubs in the U.S.,…

The decision of renting vs owning your next home isn’t an easy one. There are a number of factors to consider that go way beyond finances. Without thinking long and hard about it, you might end up in troubled waters. The fact is, many people end up owning simply because it’s widely considered to be the next logical step in adulting. Sometimes, though, this isn’t the right choice, and they’d actually be better off renting. On the other hand, a large number of tenants could stand to benefit more from buying. It boils down to your personal circumstances, plans, and…

As of November 2018, 4,322 registered sex offenders were living in the greater Los Angeles area. As you look for your family’s forever home, you’ll need to know which neighborhoods are most affected. Read on to discover the most dangerous neighborhoods in Los Angeles for you and your family. Athens (South Los Angeles); Zip Code: 90044 The neighborhood of Athens in South LA has 242 sexual offenders living there. Because of this, Athens is the highest ranking of the most dangerous neighborhoods in Los Angeles. South Los Angeles/Broadway-Manchester; Zip Code 90003 220 registered sex offenders currently reside in the…

Whether you are in the market to buy a house or your kids are at an age that they are enjoying more freedom to roam, it is a good idea to be aware of where the sex offenders in your community reside. Even though you can never completely protect the ones you love from harm, it is helpful to know at least which neighborhoods have more sex offenders than others. Read on to discover the most dangerous Neighborhoods in Charlotte. West Charlotte More sex offenders live in west Charlotte than any other area of the city. This zip code includes…

This is a Guest post from our friends at hashching.com.au Planning to buy your first home? Congratulations! But are you aware how much house you can afford to buy? According to most lenders, your monthly house payments must not exceed 30 percent of your pre-tax income. However, there are many other factors that determine your affordability, including your income, credit history, as well as the size of your down payment! Yes, gone are the days when you could borrow the full sale price of a property. Today, lenders require you to put upfront a certain percentage of the sale price as…

Like all big cities, there are beautiful parks, museums, and dangerous neighborhoods in Atlanta crawling with sex offenders. 1,763 registered sex offenders live in Atlanta as of November 27, 2018. When you live in an area with such a large population, it seems like you have to take the bad with the good. Unfortunately, this means you might be trading safety for even if your city has an exciting nightlife. Some neighborhoods in Atlanta have more sex offenders than others. So read on to discover which dangerous neighborhoods in Atlanta have the highest concentration. Underground Atlanta The first of the four neighborhoods on…