How Can The FHA Assist Me In Buying A Home?

by www.cardinalsettlementsmd.com | Jan 13, 2014 | Federal Programs

Remember these points from the video:the FHA works to make homeownership a possibility for more Americans. With the FHA, you don’t need perfect credit or a high-paying job to qualify for a loan. The FHA also makes loans more accessible by requiring smaller down...

What Makes Up Closing Costs?

by www.cardinalsettlementsmd.com | Jan 13, 2014 | Title and Closing

What you’ll see in this video is, there may be closing costs customary or unique to a certain locality but closing costs are usually made up of the following: Attorney’s or escrow fees (Yours and your lender’s if applicable) Property taxes (to cover...

What Are The Steps Involved In The FHA Loan Process?

by www.cardinalsettlementsmd.com | Jan 13, 2014 | Federal Programs

The video puts this in more visual terms, but with the exception of a few additional forms the FHA loan application process is similar to that of a conventional loan. With new automation measures FHA loans may be originated more quickly than before. And, if you...

What Should I Look Out For During The Final Walk-Through?

by www.cardinalsettlementsmd.com | Jan 13, 2014 | Selecting:

Well, as this story shows, this will likely be the first opportunity to examine the house without furniture giving you a clear view of everything. Check the walls and ceilings carefully as well as any work the seller agreed to do in response to the inspection. Any...

What Responsibilities Do I Have During The Lending Process?

by www.cardinalsettlementsmd.com | Jan 13, 2014 | Financing:

To ensure you won’t fall victim to loan fraud, as you’ll see in this video, be sure to follow all of these steps as you apply for a loan: Be sure to read and understand everything before you sign. Refuse to sign any blank documents. Do not buy property for...