Sentences with phrase «obtain affordable mortgage»

Since last summer, NAR has been arguing that proposals to use g - fee income from the two secondary mortgage market companies, Fannie Mae and Freddie Mac, to help cover costs of the bill would set a bad precedent and hurt home buyers» ability to obtain affordable mortgage financing.

Responsibly obtaining an affordable mortgage in order to purchase your residence at a properly negotiated price can be a wise move.

Not exact matches

We'd recommend comparing lenders or going through a broker to obtain a pre-approval letter, finding out how much banks are willing to lend you, and determining how affordable your typical monthly mortgage would be.

MI has helped millions become homeowners by enhancing their ability to obtain a mortgage in an affordable way.

We'd recommend comparing lenders or going through a broker to obtain a pre-approval letter, finding out how much banks are willing to lend you, and determining how affordable your typical monthly mortgage would be.

However, if that is not the case, you can always refinance the balloon mortgage loan and obtain a regular mortgage loan with a new repayment program with affordable installments.

FHA also insured approximately 20 % of mortgage refinance loans in 2009, which assisted approximately 800,000 families obtain stable, affordable mortgage loans.

FHA's program, Section 251, insures adjustable rate mortgages (ARMs) which, particularly during periods when interest rates are high, enable borrowers to obtain mortgage financing that is more affordable by virtue of its lower initial interest rate.

Mortgage insurance has helped millions become homeowners by enhancing their ability to obtain a mortgage in an affordable way by reducing the risk of theiMortgage insurance has helped millions become homeowners by enhancing their ability to obtain a mortgage in an affordable way by reducing the risk of theimortgage in an affordable way by reducing the risk of their loans.

Home mortgage lenders with CMHS certification are well versed in military language, rank, and pay system, and use that knowledge to help a large number of military personnel obtain affordable homes.

One of these programs, Section 251, insures adjustable rate mortgages (ARMs) which, enable borrowers to obtain mortgage financing that is more affordable by virtue of its initial interest rate that is lower, particularly during periods when interest rates are high.

In this position, Stevens oversees the Federal Housing Administration, the federal government's principal agency for helping households obtain safe and affordable home mortgage financing.

To help make down payment more affordable, some of the nation's major banks — including Wells Fargo and Bank of America — have recently introduced new home mortgage programs with down payment as low as 3 % without requiring borrowers to obtain mortgage insurance.

By an overwhelming margin, American voters strongly value homeownership and would oppose efforts to weaken or eliminate the mortgage interest deduction or diminish a federal role to help qualified home buyers obtain affordable 30 - year mortgages, according to a new nationwide survey gauging likely voters» attitudes towards homeownership and housing policy issues.

«Homes in this year's first quarter were more affordable than they have been at any time in more than 20 years, yet many potential sales are not happening because of overly tight lending conditions that are keeping hardworking families from obtaining a suitable mortgage,» says Barry Rutenberg, chairman of the National Association of Home Builders (NAHB) and a home builder from Gainesville, Fla. «Without this significant hurdle, the housing and economic recovery could be proceeding at a much stronger pace.»

The slow housing recovery in some markets made homeownership more affordable than renting — as long as workers had enough savings for a downpayment and could obtain a mortgage.

In a letter obtained by the media on Wednesday, more than 160 lawmakers in the House of Representatives called the federal regulator's mortgage proposal «overly burdensome government dictate» and said that the proposal would reduce the availability of affordable mortgages.