Homes for Sale Center .com ::: Homes for Sale | Find a Realtor | Research Mortgages

homes for sale
homes for sale
homes for sale

Real Estate Listings of Homes for Sale

homes for sale
homes for sale
Home
Homes for Sale
Alabama Homes for Sale
Alaska Homes for Sale
Mortgages - Homes for Sale Center
Find a Realtor
Mortgage Calculator
Real Estate Info
Credit Report Center - Free Credit Report
Homes for Sale - Home Buying Guides, Tips and Checklists
Home
Mortgages - Homes for Sale Center
homes for sale

Mortgages -  Homes for Sale Center.com

Mortgage financing is one of the most important steps when buying a home. There are many advantages of getting pre-qualified for a mortgage before you begin shopping for homes for sale. Three of the biggest advantages are:

  • Narrow your home buying search to only homes you can afford.
  • You know exactly how much your monthly mortgage payments will be.
  • Find out exactly how much money you will need to buy the homes you are looking at.

Below are some links to some websites that provide mortgage financing. We have grouped these by the most common types of mortgages. Within each group you will find an explanation of the mortgage program, mortgage calculators and links to websites that provide additional information and the ability to apply online for that type mortgage.


Conventional Mortgages

These are the most common type of mortgages used when buying a home. This type of mortgage loan follows loan guidelines that have been set forth by Fannie Mae and by Freddie Mac

The most basic definition of a conventional mortgage is any home loan where the mortgage loan amount is below: $417,000 for a single family home.

Below is an excellent mortgage lender specialized in mortgages for buying a home.

Email this Page | Bookmark | Mortgage Calculator | Home Buying Checklist 
Research Mortgages | Find a Realtor | Free Credit Report

Back to Top 


Jumbo Mortgages

Jumbo mortgages are defined as any mortgage where the loan amount is over $417,000. Jumbo mortgages typically have a slightly higher mortgage rates than conventional mortgages. 

Email this Page | Bookmark | Mortgage Calculator | Home Buying Checklist 
Research Mortgages | Find a Realtor | Free Credit Report

Back to Top 


FHA Mortgages

FHA mortgages are home loans that require only 3% and are insured by HUD. These types of mortgages are slightly easier to qualify for because of of the flexible current FHA loan requirement guidelines.

FHA sets maximum mortgage loan limits based on the area you are buying a home in. Use the following link to research the maximum FHA loan limits in your state.

For more information or to apply for a FHA mortgage, visit these popular sites 

Email this Page | Bookmark | Mortgage Calculator | Home Buying Checklist 
Research Mortgages | Find a Realtor | Free Credit Report

Back to Top 


VA Mortgages

VA loans allow veterans to buy a home with no down payment. VA mortgage loans are insured by the "Department of Veterans Affairs". The current maximum 100% VA loan amount is $417,000 and with a small down payment you may obtain a VA jumbo loan.

If you are a veteran, we have provided you some tools to use.

For more information regarding VA mortgage, visit any of these sites.

Email this Page | Bookmark | Mortgage Calculator | Home Buying Checklist 
Research Mortgages | Find a Realtor | Free Credit Report

Back to Top 


Mortgages for Bad Credit

If you have bad credit you may still be able to buy a home. Bad credit loans are called sub-prime mortgages. These types of loans can help you qualify for a mortgage to buy a home. To determine if you need this type of mortgage, look are the following statements. If you answer yes to any of these, you probably will need to consider a sub-prime mortgage.

  • Have you filed for Bankruptcy in the last three years?
  • Foreclosure or Notice of Default in the last three years?
  • Have you been late on any payments in the last two years?
  • Have you had to make double payments to get caught up on any payments?
  • Do you currently have outstanding collections, judgments, repossessions, or liens?

Again, if you have answered yes to any of these questions, you may need to inquire about a sub-prime mortgage ( bad credit loan ). If you are unsure on what is on your credit report, you can get a free credit report here.

You may also consult a credit repair expert to help you repair your credit report using the government Fair Credit Report Act. Correcting incorrect items on your credit report may increase your credit scores and lower your overall mortgage cost.

For more information or to apply for a bad credit loan, visit the following sites.

Email this Page | Bookmark | Mortgage Calculator | Home Buying Checklist 
Research Mortgages | Find a Realtor | Free Credit Report

Back to Top 


Other Types of Mortgages

Below are other types of mortgages available when buying a home. 

CalPERS loans

The CalPERS loan is a mortgage program exclusively for members of California Public Employees Retirement System, LRS and JRS. This mortgage program offers competitive mortgage rates and loan fee's. Also this program offers a 60 day mortgage rate lock-in with two interest rate float downs.

For more information regarding this program visit the following web sites:

Email this Page | Bookmark | Mortgage Calculator | Home Buying Checklist 
Research Mortgages | Find a Realtor | Free Credit Score

Back to Top 

 

 

 

 

 
homes for sale

Copyright 2012. All Rights Reserved. Homes-for-Sale-Center.com 
 

Homes for Sale Search: Alabama Homes, Alaska Homes, Arizona Homes, Arkansas Homes, California Homes, Colorado Homes, Connecticut Homes, Delaware Homes, Florida Homes, Georgia Homes, Hawaii Homes, Idaho Homes, Illinois Homes, Indiana Homes, Iowa Homes, Kansas Homes, Kentucky Homes, Louisiana Homes, Maine Homes, Maryland Homes, Massachusetts Homes, Michigan Homes, Minnesota Homes, Mississippi Homes, Missouri Homes, Montana Homes, Nebraska Homes, Nevada Homes, New Hampshire Homes, New Jersey Homes, New Mexico Homes, New York Homes North Carolina Homes, North Dakota Homes, Ohio Homes, Oklahoma Homes, Oregon Homes, Pennsylvania Homes, Rhode Island Homes, South Carolina Homes, South Dakota Homes, Tennessee Homes, Texas Homes, Utah Homes, Vermont Homes, Virginia Homes, Washington D.C. Homes, Washington Homes, West Virginia Homes, Wisconsin Homes, Wyoming Homes