When buying a home, many steps must be taken to ensure that the property you purchase is in good condition. An inspection of the home ...

You will require a home appraisal if you intend to sell your house or refinance your mortgage. A home appraisal is a professional appraiser's unbiased ...

Prequalification calculates the amount you can borrow based on a largely informal assessment of your finances. Pre-approval is heavier and requires documentation. Prequalification and pre-approval ...

With prequalification, lenders determine if you meet the basic financial criteria for a home loan. To qualify first, give a lender basic information about your ...

You don't need to get a mortgage pre-approved before heading home, but it's a good idea, especially in a seller's market where competition between buyers ...

The FHA housing requirements state that FHA approved condominiums and apartments must be safe, sound, and secure in order to qualify for an FHA loan. ...

The FHA housing requirements state that FHA approved condominiums and apartments must be safe, sound, and secure in order to qualify for an FHA loan. ...

If your home is worth more than your mortgage balance, you have equity. If you're lucky or smart to find yourself in this situation, here's ...