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11 Steps Away From Buying Your Dream Home
13 Extra Costs to be Aware of Before Buying a Home
3 Tips for First Time Home Buyers
4 Things You Shouldnt Do When Youre Buying A Home
5 Magic Points Should I BUY or RENT my HOME
5 Tips for the First Time Home Buyer
A Guide to Buying a New Home
A Look Inside Escrow For Real Estate Investors
A Real Estate Investing Primer
Adjustable Rate Mortgages Offer Alternatives For Home Buyers
Attention To Details Helps Homeowners Sell Fast In A Buyers Market
Avoid Home Buying Blues At Closing
Buy a condominium or get a starter home
Buying A Home Beginning Stages
Buying A Home Some Essential Tips
Buying a House How Much Home Can You Afford
Buying Home Appliances The Smart Way
Buying Home Whitening Kits like Whitestrips
Conditions Are Right For Buying The Higher Priced Home YouVe Always Wanted
Finance Your Real Estate Investment Properties
Finding A Capable Agent To Meet Your Real Estate Needs
How Can the Average Person Build Wealth in Real Estate
How To Qualify for First Time Home Buyers FHA Home Loan Programs
Important Tips For Home Buyers
Part I Home Buyer Terms and Definitions
Part II Home Buyer Terms and Definitions
Tips For First Time Homebuyers
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Part III: Home Buyer Terms and Definitions
by 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=22
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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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A Real Estate Investing Primer
There are a great many books and web sites devoted to real estate investing out there, but most of them concentrate on one specific area of investing. It's often hard to find a general description of real estate investing, one that lists the...
Part I: Home Buyer Terms and Definitions
When you start shopping for a new home, you may encounter some words and terms with which you are unfamiliar. The following glossary will help you to be a better informed shopper.
Adjustable Rate Mortgage (ARM) - A loan whose interest rate...
Finance Your Real Estate Investment Properties Copyright 2005 Peter Dobler
Unlike traditional residential real estate mortgages, real estate investment financing is way more creative and offers more options than you think. The golden rule in real estate investment is OPM (Other People’s...
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