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The mega-bank Citi has announced plans to get into the rental business. The bank kicked off a great new program this past Wednesday to rent out 500 homes to homeowners who are having difficulty paying their mortgage. Instead of putting the loans into foreclosure and kicking the owners out, the homeowners may be offered the… Read more »
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Month: August 2012
Should I get a FHA Loan or Conventional Loan?
When it comes to FHA home loans, there are many differences and advantages when compared side by side to conventional home loans. Starting with the most basic aspect of purchasing a home, FHA loans are different from conventional loans in that the down payment is much less. Down payment requirements for FHA home loans start… Read more »
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