What is an FHA Reverse Mortgage

What is an FHA Reverse Mortgage There are many programs and home loan products that allow homeowners to take advantage of the equity they’ve built up in their homes. One resource qualified FHA mortgage holders have at their disposal is the Home Equity Conversion Mortgage (HECM) loan, also known as an FHA reverse mortgage. FHA [...]

How to Prepare to Apply for a Small Business Loan

One of the most difficult tasks you will face as a small business owner is to obtain money, a loan or investor funds, to operate your business. When you start your business, you may be able to use your personal savings; you may also be able to tap friends and family for some funds. However, [...]

Business Loans 101 Essentials of Small Business loans

As a small business owner, your most difficult task is finding the money to operate your business. Taking the necessary steps to prepare for a small business loan can minimize the difficulty. Learn what you need to know to clinch the loan deal. Banks and other lending institutions cite risk factors as their main reason [...]

Low to Moderate Income Housing Loans Government Grant or Assistance Program Profile

To assist very low, low-income, and moderate-income households to obtain modest, decent, safe, and sanitary housing for use as a permanent residence in rural areas. TYPES OF ASSISTANCE Direct Loans; Guaranteed/Insured Loans. USES AND USE RESTRICTIONS Direct and guaranteed loans may be used to buy, build, or improve the applicant’s permanent residence. New manufactured homes [...]

Low Income Housing Repair Loans and Grants

To give very low-income rural homeowners an opportunity to make essential repairs to their homes to make them safe and to remove health hazards to the family or the community. TYPES OF ASSISTANCE Direct Loans; Project Grants USES AND USE RESTRICTIONS The Very Low-Income Housing Repair program provides loans and grants to very low-income homeowners [...]