Buying or refinancing a home is one of the most complex financial decisions you will ever make. Mortgage financing options are much more diverse than many borrowers think. There is a wide variety of mortgage products available including: first time buyers programs, fixed rate conventional mortgages, adjustable rate mortgage (ARM), FHA loans, VA loans, interest-only mortgages, jumbo mortgages, two-step mortgages, balloon mortgages, assumable mortgages, construction mortgages, no down payment mortgages and seller financing.
Here are a few helpful links:
Home Mortgage Applications “Trigger” Sales of Private Financial information. Mortgage industry critics are targeting a growing but little-understood practice of the national credit bureaus-overnight sales of “hot leads” of mortgage applicants most private financial data, including credit scores, mortgage balances and credit card account information. Ken Harney reports. Click here to read the full story.
Federal Housing Authority (FHA)
Department of Veterans Affairs Home Loan page
Federal National Mortgage Association (Fannie Mae)
Federal Home Loan Mortgage Corporation (Freddie Mac)
Department of Housing and Urban Development – Client Information and Policy Sysem
Department of Housing and Urban Development – Page for Lenders, Bankers, and others associated with mortgage loans
Rural Housing Service