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

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

   Even though conventional loans don’t receive government backing, certain conventional loans have to follow rules that the Federal Housing Financing Agency (FHFA) sets, including borrowing limits ...

5. Are government loans easier to get? - AOL

   www.aol.com/finance/government-loans-easier...

   For example, while conventional loans may have a seven-year waiting period if you had a past foreclosure, Tooley says that FHA loans have a standard three-year waiting period, while VA loans have ...

6. 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

7. Mortgage Forgiveness Debt Relief Act of 2007 - Wikipedia

   en.wikipedia.org/wiki/Mortgage_Forgiveness_Debt...

   At the time of borrowing, the loan proceeds did not have to be reported as income because there was an obligation to repay the lender. Forgiving that obligation makes those loan proceeds income. The lender is usually required to report the amount of the cancelled debt to the borrower and the IRS on a Form 1099-C, Cancellation of Debt. [4]

8. What is a foreclosure? How it works and how to avoid it - AOL

   www.aol.com/finance/foreclosure-works-avoid...

   Judicial foreclosure: With a judicial foreclosure, the lender files a lawsuit and the borrower is notified of the non-payment. The homeowner has 30 days to make up the missed payments, otherwise ...

9. 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 ...