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Monday, December 11, 2017

4 results for 'loans'

Why Loan Applications for Home Improvements Have Jumped

By Kathleen Collins, published on Apr 9, 2014

...the overall comfort of their house, as well as its value. Home improvements can be as simple as putting new flooring in a basement or as substantial as replacing the exterior porch or the roofing.

Whatever the project, a steadily increasing number of homeowners are choosing to take out loans for this purpose. Loans are a relatively effective way for homeowners to get a project done in a sensible manner without having to struggle for the money every step of the way.

Why loans can work very well

Whether you decide to buy brand-new, gorgeous furniture or redo the... (more)

Tags: loans, home loans

Understanding Prospect Mortgage FHA 203K Loans

By bosmolskate, published on Feb 26, 2014

Unlike traditional FHA loans, Prospect Mortgage FHA 203K loans are intended specifically for borrowers looking for homes that need to be fixed or updated. These mortgages are not right for everyone, but with the proper knowledge, individuals can make the right choices for themselves and their families.

FHA 203K Loan Qualifications

While the qualifications may differ from lender to lender, the following are required for our firm:

640 middle credit score Approved licensed general contractor 3.5 percent down payment Reserves of 10 percent for repairs

Once a borrower... (more)

Tags: real estate, finance, home, house, loans, prospect mortgage

Bail-Out a Scam

By jakeskyles, published on Sep 16, 2010

Professor Michael Hudson (CounterPunch, March 18) is correct that the orchestrated outrage over the $165 million AIG bonuses is a diversion from the thousand times greater theft from taxpayers of the approximately $200 billion “bailout” of AIG. Nevertheless, it is a diversion that serves an important purpose. It has taught an inattentive American public that the elites run the government in their own private interests.

Americans are angry that AIG executives are paying themselves millions of dollars in bonuses after having cost the taxpayers an exorbitant sum. Senator Charles Grassley... (more)

Tags: banks, scam, bail out, loans, grants

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