enow.com Web Search

Search results

1. Results from the WOW.Com Content Network

2. Buying a home after foreclosure - AOL

   www.aol.com/finance/buying-home-foreclosure...

   Conventional loan (3–7 years) – After a foreclosure, it can take you as long as seven years to get a conventional loan (one that mortgage market-makers like Fannie Mae or Freddie Mac will buy ...

3. Mortgage seasoning: What is it and what are the requirements?

   www.aol.com/finance/mortgage-seasoning...

   Foreclosure waiting period. Conventional loan. 4 years for Chapter 7 or Chapter 11 (2 years with exceptions); 2 years from discharge or 4 years from dismissal of Chapter 13. 7 years; 3 years with ...

4. Is It Smart to Buy a Foreclosed Home? Weighing the Pros & Cons

   www.aol.com/lifestyle/smart-buy-foreclosed-home...

   Heard that you can score a great deal when you buy a foreclosure home for real estate investments? Buying foreclosed homes soared in popularity during the Great Recession as a wave of foreclosures ...

5. Conforming loan - Wikipedia

   en.wikipedia.org/wiki/Conforming_loan

   If a loan's origination amount is above the CLL then a mortgage is considered a jumbo loan, and typically has higher rates associated with it. This is because both Fannie Mae and Freddie Mac only buy loans that are conforming, to repackage into the secondary market, making the demand for a non-conforming loan much less. By virtue of the laws of ...

6. Foreclosure rescue - Wikipedia

   en.wikipedia.org/wiki/Foreclosure_rescue

   Foreclosure rescue in the United States is where a mortgage that is in arrears and where the lender is at the stage of foreclosing on the loan agrees to stop the foreclosure in exchange for funds received through loan modification or from a government grant. It may also refer to funds that allow the homeowner to repurchase the property at or ...

7. Deed in lieu of foreclosure - Wikipedia

   en.wikipedia.org/wiki/Deed_in_lieu_of_foreclosure

   A deed in lieu of foreclosure is a deed instrument in which a mortgagor (i.e. the borrower) conveys all interest in a real property to the mortgagee (i.e. the lender) to satisfy a loan that is in default and avoid foreclosure proceedings. The deed in lieu of foreclosure offers several advantages to both the borrower and the lender.

8. FHA loan vs. conventional loan: What homebuyers should know - AOL

   www.aol.com/finance/fha-loan-vs-conventional...

   Two of the most popular home loan programs, especially for first-time homebuyers, are FHA loans and conventional loans. Both types of mortgages have benefits and drawbacks. Both types of mortgages ...

9. Getting a mortgage after bankruptcy: What you need to know - AOL

   www.aol.com/finance/getting-mortgage-bankruptcy...

   FHA loans “generally require a lower minimum credit score and down payment than conventional mortgages,” Tayne says (as low as 580 and 3.5 percent down, or 500 and 10 percent down). USDA loan