Archive for the 'Information' Category

2011 FHA Loan Limit Fairfield County Connecticut

An FHA Mortgage loan is a loan that may be insured by the Government Housing Administration (FHA). FHA doesn’t actually provide the mortgage loan; it insures your mortgage for the lender. Should the borrower with an FHA mortgage default the lender may acquire payment from FHA for their losses. This insurance policy reduces the lenders [...]

2011 FHA Loan Limit Litchfield County Connecticut

An FHA Home loan is a loan that may be insured by the Federal Housing Administration (FHA). FHA doesn’t actually provide the mortgage; it insures the mortgage for the lender. Should the borrower with an FHA mortgage default the lender may receive payment from FHA for losses. This insurance policy reduces the lenders chance and [...]

2011 FHA Loan Limit Hartford County Connecticut

An FHA Mortgage loan is a loan that’s insured by the National Housing Administration (FHA). FHA does not actually provide the mortgage loan; it insures the mortgage for the loan company. Should the borrower with an FHA mortgage fall behind the lender may receive payment from FHA for his or her losses. This insurance coverage [...]

California Foreclosure Law Summarized

In California, Judicial as well as Non-judicial foreclosure are conducted, but judicial foreclosure are rare. What is the processing period for foreclosure in California? Processing period is typically 120 days. What is sale publication period in California for foreclosure? Sale publication period is 21 days. Is there any right of redemption in California for foreclosure? [...]

Credit Union or Bank Which Is Better?

You want to get the best deal on your savings or your next loan, everyone one does. Will you get a better deal at your local credit union or local bank? Credit Unions often have better rates as they are not for profit businesses, but that is not always the case. ING Orange Accounts are [...]