See all posts tagged: "Housing loans for first time buyers"

How to help first-time residents increase their payout with HomeFundIt Troy HermansonREALTOR®Forward Movement Group |Coldwell Banker West BendGreater Milwaukee, Wisconsin What is the most important problem that your buyers often.

Today's housing market is really tight. Historically low interest rates have driven up buyers' demand and inventory is extremely limited. According to data from the Greater Lansing Association of REALTORS®, the local housing inventory at the end of February was 307 units, a decrease of...
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Ex-bank president in Texas gets eight years for fake loans, arson for trying to hide fraud

A former Texas banker who issued millions of dollars in counterfeit loans for nearly a decade and set fire to try to hide the fraud was sentenced to eight years in prison on Tuesday, prosecutors said.Woman Anita Gail Moody, 57, pleaded guilty in June to conspiracy to commit bank fraud and arson.She was ordered to pay more than $ 11 million in repayments, which is what Enloe State Bank, which she ran, lost, said the U.S. Attorney's Office for the Eastern District of Texas.Moody was the bank manager in Cooper, about 80 miles northeast of Dallas, and the fraud she…

Stimulus Bill proposes this on cancellation of student loans

President Joe Biden (Photo by Oliver Contreras-Pool / Getty Images) Getty Images The new stimulus bill means this on cancellation of student loans. Here's what you need to know. Student loans The new stimulus bill, the American Rescue Plan Act, includes a section that makes forgiveness for student loans tax free. This has important financial consequences for student loan borrowers who receive forgiveness for student loans up to and including 31 December 2025 because they are not liable to any income tax on the amount of student loans. While the new stimulus bill does not include any cancellation of student…

Start-up of real estate technology Doma will be announced through merger with Capitol Investment Corp. V

Image source: Doma Real Estate Technology Startup Doma - formerly known as States Titles - announced Tuesday that it is going public through one fusion with a specialty acquisition company (SPAC) that values ​​Doma at $ 3 billion including debt. The deal will provide $ 645 million in cash to Doma, including $ 345 million from Capitol Investment Corp V (NYSE: CAP) and $ 300 million from a fully committed private investment in PIPE transaction. Investors in PIPE include BlackRock, Fidelity Investments, SoftBank Group and Wells Capital. Doma will retain up to $ 510 million in cash revenue and existing…

An FHA loan may give you a lower payout, but it will cost you more

Editorial independenceWe want to help you make more informed decisions. Some links on this page - clearly marked - may lead you to a partner site and may lead to us earning a referral commission. For more information, see How we make money.Some financial experts will tell you always put 20% on a home purchase. Others may say that it is perfectly normal to spend less. For those who want to avoid making a big down payment, an FHA loan is one of the most popular ways to buy a home. Because they are supported by Federal Housing Administration (part…

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