Guide to FHA adjustable-rate mortgages
It’s pretty similar to any ARM loan — and despite the low intro rates, it comes with caveats.
Jeffrey L. Beal of Real Estate Solutions has 40 years' experience in multiple phases of the real estate industry, and has been a Certified General Appraiser since 1992. As such, he has consulted and testified as an expert in local, state and federal cases in a variety of matters related to real property or interests in real property where there is an issue of valuation, loss in value, damages or taxation. He is also an expert in issues involving zoning and variances. In addition, he is an expert on appraisal ethics and practice. He is comfortable in front of both a judge and a jury having taught appraisal and real estate courses since 2000 (4,000+ classroom hours). His teaching includes certificate, pre-licensing and continuing education courses at two-year and four-year colleges and private real estate schools.
It’s pretty similar to any ARM loan — and despite the low intro rates, it comes with caveats.
Living in an HOA community comes with certain rules and limitations. Here’s what to know.
If you have bad credit, you need to find ways to compensate for the additional risk.
Everything you always wanted to know, from how it’s calculated to how to get a good rate.
Real estate auctions are complicated, and can be very competitive.
It means you’ve got financing to buy a home — probably. But it’s far from a done deal.
A mortgage lender credit gives you a break on closing costs, but it isn’t free money.
It’s a financial institution that focuses primarily on mortgages and savings accounts.