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Mortgage Nevada Article
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Part III: Learn About your Home Mortgage Options
from: Mark Mathis
VA-Guaranteed Loans
If you are a veteran of military service, reservist, or on active military duty, you may be able to obtain a loan guaranteed by the Department of Veterans Affairs (VA), which requires little or no downpayment. Get more information about the VA Loan Guaranty program.
Rural Housing Service Loans
The Rural Housing Service (RHS), which is a part of the US Department of Agriculture, offers Section 502 Direct and Guaranteed Rural Housing loans to homebuyers located in rural areas. Section 502 Direct loans offer reduced interest rates to lower-income borrowers who qualify, and are arranged directly through local USDA County Agents or through USDA Rural Development state offices.
A limited amount of funding is available for Section 502 Direct loans, so some lenders also offer “Leveraged Loan” programs. Leveraged loans combine a Section 502 Direct loan that carries a low interest rate with a conventional, market-rate loan. The “blended” interest rate on the resulting loan is lower than the current market rate as a result of the combination of the rates on the two loans.
The Section 502 Guaranteed Rural Housing Loans are arranged through participating local lenders and are available to a broader range of borrowers. Click here to find out more about RHS loan programs.
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Be sure to read Part IV of this article at:
http://www.houseplancentral.com/articles.php?id=16
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About the author:
Mark Mathis is a building designer and publisher of several stock house plan websites and informational resources including http://www.HousePlanCentral.com,
http://www.HousePlanGallery.com, and http://www.moneytalks-bswalks.com. Be sure to visit each site and subscribe to our eNewsletters to receive special offers, promotions, and subscriber-only features.
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Mortgage Nevada News
US mortgage delinquencies continue to increase; Arizona’s rate is ... - Bizjournals.com
US mortgage delinquencies continue to increase; Arizona’s rate is ... Bizjournals.com, NC - The highest delinquency rates continue to be in Florida, 7.8 percent; Nevada, 7.7 percent; and California, 5.8 percent. The states with the lowest ... TransUnion: 3Q mortgage delinquencies shoot higher Mortgage Delinquencies Up in 3rd Quarter Mortgage Delinquencies Set to Soar: Report |
Home Mortgage Crisis—The Upside - 13WHAM-TV
Home Mortgage Crisis—The Upside 13WHAM-TV, NY - It’s the other side of the mortgage crisis says Bob McCalis who travels around the country holding such auctions. “In every area there are opportunities ... |
Mortgage fraud, late payments rising - San Francisco Chronicle
Mortgage fraud, late payments rising San Francisco Chronicle, USA - The highest delinquency rates continue to be in Florida, at 7.8 percent, Nevada, at 7.7 percent, California, at 5.8 percent and Arizona at 5.5 percent, ... State scores well in credit card, mortgage payment delinquency TransUnion: 3Q credit card delinquency rate rises Credit card debt low in SD |
NetMore America Chief Strategy Officer Lisa Schreiber Named ... - MarketWatch
NetMore America Chief Strategy Officer Lisa Schreiber Named ... MarketWatch - ... keynote speaker at Source Media's 12th Annual Mortgage Technology Conference being held on January 21-23, 2009 at the Palms Casino in Las Vegas, Nevada. ... |
Toll Brothers Reports 4th Qtr and FY 2008 Results - MarketWatch
Toll Brothers Reports 4th Qtr and FY 2008 Results MarketWatch - "Given the numerous uncertainties related to sales paces, sales prices, mortgage markets, cancellations, market direction and the potential for and size of ... |
Nevada economist says Feds fed housing bubble beast - KVBC
Nevada economist says Feds fed housing bubble beast KVBC, NV - 1) The Federal Reserve's easy money policies early this decade, 2) the Fannie Mae and Freddie Mac mortgage mess from coziness with Congress, 3) overdoing ... |
Whitehall Funds Lose Their Luster - Wall Street Journal
Whitehall Funds Lose Their Luster Wall Street Journal - The Stratosphere deal, which included three other Nevada properties, also has a risky "recourse" provision. Whitehall guaranteed $200 million of the $1.1 ... |
Activist Moves Homeless Into Foreclosed Homes - FOXNews
Activist Moves Homeless Into Foreclosed Homes FOXNews - Only Nevada's rate was higher. Like other cities, Miami is trying to ease the problem. Officials launched a foreclosure-prevention program to help ... |
Date Format: dd-mm-yyyy - Mesquite Local News
Date Format: dd-mm-yyyy Mesquite Local News, NV - I don’t want to embarrass the bank employees by mentioning it by name, so I’ll simply refer to it as the Nevada Grocery Store Bank. ... |
ProSchools Helps Mortgage Brokers Beat Deadline With Online Courses - PR Web (press release)
ProSchools Helps Mortgage Brokers Beat Deadline With Online Courses PR Web (press release), WA - ... insurance, and mortgage courses, ProSchools is also an approved mortgage provider in Oregon, Washington, Nevada, Idaho, Iowa, Illinois, Georgia, Maine, ... |