September 2014
What Is The Difference Between USDA Guaranteed And Direct Loan
One thing many potential borrowers are unaware of is that there are two distinct types of USDA loans, the Direct and the Guaranteed.  USDA Guaranteed Loan The USDA Guaranteed Loan is facilitated by traditional lenders such as banks and mortgage companies. It allows borrowers ...
USDA Guarantee Fee
USDA loans are a popular choice for lower and middle credit homebuyers seeking to finance a property suburban areas. With zero down payment and lower monthly payments, this loan amount offers an accessible path to homeownership. USDA loans are ideal for first-time homebuyers or those ...
Letter of Explanation for Credit Inquiries – How to Write One?
When you apply for a mortgage, your lender may request a letter to check your credit score and credit history. Part of this financial background check includes credit inquiries and any gaps in employment history. A credit inquiry is when a lender checks your credit ...