#FHA Loan providers

[marcus-ranton]

Bill Donaldson at Guaranteed Rate is your trusted partner for mortgage lending solutions in Lake Mary FL. As premier home loans providers, we offer a comprehensive range of services to meet your needs. Specializing in FHA loans near you, we help clients secure government-backed financing with favorable terms. Additionally, our expertise includes navigating foreclosed property sales, providing valuable assistance to buyers and investors. With our team of experienced lending agents, you can expect personalized service and expert guidance throughout the mortgage process. As a reputable private mortgage agency, we are committed to delivering competitive rates and flexible terms tailored to your financial goals. Count on Bill Donaldson at Guaranteed Rate for a seamless and stress-free lending experience. Contact us today to learn more about our mortgage services in Lake Mary FL.

[georgebanton]

Our Mortgage refinancing assistance in Great Falls VA is here to help you. Our team of skilled mortgage agents, brokers, and loan advisors specializes in finding the best loan options tailored to your requirements. Our options include traditional VA, FHA, and construction loans. We provide personalized mortgage refinancing assistance in Great Falls, VA, guaranteeing the most favorable terms. Whether you're a first-time homebuyer looking to refinance, we offer complete support and guidance. We are loyal to provide 100% customer satisfaction. Don’t navigate mortgage options alone. Contact Oakstreet Mortgage LLC today to receive expert advice and start your journey to a new home with confidence. Call us now for your personalized mortgage solution! Let us be your reliable service provider.

[insert-witty-user-name-here]

50+ Good Things from the Biden Administration

Just a list of 50+ good things the Biden Administration has done in the last 4 years because I’ve been hearing too much rhetoric that it doesn’t matter who you vote for. It does make a difference. 

Increased access to healthcare and specifically codified protections for LGBTQ+ patients against discrimination. (x) 

Strengthened women's reproductive rights by increasing access to reproductive health care, improving confidentiality to protect against criminalization for patients receiving reproductive care, and revoked Medicaid waivers from states that would exclude providers like Planned Parenthood, and more. (x)

Expanded healthcare and benefits for veterans through the PACT Act (x)

Cemented protections for pregnant and postpartum workers through the Pregnant Workers Fairness Act and PUMP for Nursing Mothers Act. 

Improved access to nursing homes for those who receive Medicaid services and established, for the first time, a national minimum staffing requirement for nursing homes to ensure those in their care receive sufficient support.  (x) 

Lowered healthcare costs for those with Medicare which capped insulin for seniors at $35 a month, made vaccines free, and capped seniors’ out of pocket expenses at the pharmacy through the Inflation Reduction Act. 

Fully vaccinated 79% of American adults against COVID-19 (I know this is old news now this is a big deal) 

Banned unfair practices that hide housing fees from renters and homebuyers when moving into a new home (x) 

Reduced the mortgage insurance premium for Federal Housing Administration (FHA) mortgages and clarified that inflated rents caused by algorithmic use of sensitive nonpublic pricing and supply information violate antitrust laws. (x) 

Increased protections for those saving for retirement from predatory practices. (x)

Helped millions of households gain access to the internet through the Affordable Connectivity Program. (x) 

Restored net neutrality (net neutrality is a standard which ensures broadband internet service is essential and prohibits interna providers from blocking, engaging in paid prioritization, and more.) (x)

Increased protections for loan holders as well as increased access to loans (x)

Cut fees that banks charge consumers for overdrawing on their accounts. (x)

Reaffirmed HUD’s commitment to remedy housing discrimination under the Fair Housing Act (which was– surprise, surprise– halted under the Trump administration). (x)

Rejoined the Paris Climate Accords.  

Listed more than 24 million acres of public lands across the country as environmentally protected and has channeled more than $18 billion dollars toward conservation projects. (And revoked the permit for the Keystone XL pipeline amongst others). 

Invested $369 billion to reduce greenhouse emissions and promote clean energy technologies through the Inflation Reduction Act. Through the tax incentives under the Inflation Reduction Act, renewable energy (such as wind, solar, and hydropower) has surpassed coal-fired generation in the electric power sector for the first time, making it the second-biggest source of energy behind natural gas. (x)

Strengthened protections against workplace assault through the Speak Out Act. (x) 

Increased protections for workers during the union bargaining process (x)

Is making it easier for passengers to obtain refunds when airlines cancel or significantly change their flights, significantly delay their bags, or fail to provide extra services when purchased. (x)  

Invested $1.2 trillion into roads, waterlines, broadband networks, airports and more allowing for more bridges, railroads, tunnels, roads, and more through the Inflation Reduction Act (which also added 670,000 jobs). (idk about you but I like driving on well maintained roads and having more rail options).  

Strengthened overtime protections for federal employees (x)

Raised the minimum wage for federal workers and contractors to $15. (x)

Strengthened protections for farmworkers by expanding the activities protected from retaliation by the National Labor Relations Act and more. (Previously anti-retaliation provisions under the National Labor Relations Act applies mostly to only U.S. citizens) (x)

Invested $80 billion for the Internal Revenue Service to hire new agents, audit the wealth, modernize its technology, and more. Additionally, created $300 billion in new revenue through corporate tax increases. (x) 

Lowered the unemployment rate to 3.5% — the lowest in 50 years. 

Canceled over $140B of student debt for nearly 40 million borrowers. (x)

Strengthened protections for sexual assault survivors, pregnant and parenting students, and LGBTQ+ students in schools through an updated Title IX rule. This updated rule strengthens sexual assault survivors rights to investigation– something that had been gutted under the Trump administration, strengthens requirements that schools provide modifications for students based on pregnancy, prohibits harassment based on sexual orientation or gender identity, and more. (x)

Revoked an order that limited diversity and inclusion training. (x)

Cracked down on for profit colleges. (x)

Reaffirmed students’ federal civil rights protections for non-discrimination based on race, national origin, disability, religion, sexual orientation, gender in schools. Specifically, the Department of Education made clear students with disabilities’ right to school, limiting the use of out of school suspensions and expulsions against them. (x) (x) 

Enhanced the Civil Rights Data Collection, a national survey that captures data on students’ equal access to educational opportunities. These changes will improve the tracking of civil rights violations for students, critical for advocates to respond to instances of discrimination. 

Provided guidance on how colleges and universities can still uphold racial diversity in higher education following the Supreme Court decision overturning affirmative action. (x) 

Issued a federal pardon to all prior Federal offenses of simple possession of marijuana. Additionally, the DEA is taking steps to reclassify marijuana as a Schedule III substance instead of a Schedule I, limiting punishment for possession in the future. (x) 

Changed drug charges related to crack offenses, now charging crack offenses as powder cocaine offenses. This is a big step towards ending the racial disparity that punishes crack offenses with greater severity than offenses involving the same amount of powder cocaine. (x) 

Lowered the cost of local calls for incarcerated people through the Martha Wright-Reed Just and Reasonable Communications Act as well as increased access for video calls (especially impactful for incarcerated people with disabilities). (x) 

Enacted policing reforms that banned chokeholds, restricted no-knock entries, and restricted the transfer of military equipment to local police departments. (x)

Established the National Law Enforcement Accountability Database (NLEAD) which will better track police officer misconduct. This database will vet federal law enforcement candidates who have a history of misconduct from being rehired and will make it easier and faster to charge police officers under the Death in Custody Reporting Act. (x) 

Added disability as a protected characteristic alongside race, gender, religion, and sexual orientation. Under the law, police officers are prohibited from profiling people based on these characteristics. …It sadly happens anyway but now there’s an added legal protection which means a mechanism to convict police officers should they break the law. (x) 

Required federal prisons to place incarcerated individuals consistent with their chosen pronouns and gender identity. (x) 

Expanded gun background checks by narrowing the “boyfriend” loophole to keep guns out of the hands of convicted dating partners, strengthening requirements for registering as a licensed gun dealer (closing the “gun show loophole”), and more through the Bipartisan Safer Communities Act.  (x) 

Increased mental health programs within police departments to support officers experiencing substance use disorders, mental health issues, or trauma from their duties. (x)

Lifted Trump era restrictions on the use of consent decrees. The Justice Department uses consent decrees to force local government agencies (like police departments) to eliminate bad practices (such as widespread abuse and misconduct) that infringe on peoples’ civil rights. (x) 

Improved reporting of hate crimes through the COVID-19 Hate Crimes Act (x) 

Nominated the first Black woman to sit on the Supreme Court 

Confirmed 200 lifetime judges to federal courts, confirming historic numbers of women, people of color, and other judges who have long been excluded from our federal court system. (64% are women, 63% are people of color) 

Designated Temporary Protected Status (TPS) status for immigrants from Cameroon, Haiti, ​​El Salvador, Haiti, Honduras, Nepal, Nicaragua, Sudan, and more. (x) 

Ended the discriminatory Muslim and African bans (x). 

Provided a pathway to citizenship for spouses of U.S. citizens that have been living in the country without documentation. (x) 

Expanded healthcare to DACA recipients (x) 

This one is… barely a win but not by fault of the Biden Administration. The Department of Homeland Security as of Feb 2023 has reunited nearly 700 immigrant children that were separated from their families under Trump’s Zero Tolerance Policy. From 2017-2021, 3,881 children were separated from their families. About 74% of those have been reunited with their families: 2,176 before the task force was created and 689 afterward. But that still leaves nearly 1,000 children who remain tragically separated from their families from under the Trump Administration. (x)

(okay this one is maybe only exciting for me who’s a census nerd) Revised federal standards for the collection of race and ethnicity data, allowing for federal data that better reflect the country’s diversity. Now, government forms will include a Middle Eastern/ North African category (when previously those individuals would check “white”). Additionally, forms will now have combined the race & ethnicity question allowing for individuals to check “Latino/a” as their race (previously Latine individuals would be encouraged to check “Latino” for ethnicity and “white” for race… which doesn’t really resonate with many folks). (x) (I know this sounds boring but let me tell you this is BIG when it comes to better data collection– and better advocacy!).

Rescinded a Trump order that would have excluded undocumented immigrants from the 2020 Census which would have taken away critical funds from those communities. 

Required the U.S. federal government and all U.S. states and territories to recognize the validity of same-sex and interracial civil marriages by passing the Respect for Marriage Act, repealing the Defense of Marriage Act.

Reversed Trump’stransgender military ban. 

Proposed investments in a lot of programs including universal pre-k, green energy, mental health programs across all sectors, a national medical leave program for all workers and more. (x) 

Last… let’s also not forget all the truly terrible things Trump did when he was in office. If you need a reminder, scroll this list, this one mostly for giggles + horror, for actual horror about what a Trump presidency has in store, learn about ‘Project 2025’ from the Heritage Foundation. I know this post is about reasons to vote FOR Biden but let’s not forget the many, many reasons to vote for him over Trump. 

So, there it is, 50+ reasons to vote for Biden in the 2024 Election. 

Check your voter registration here, make a plan to vote, and encourage your friends to vote as well. 

All in all, yeah… there’s a lot of shitty things still happening. There’s always going to be shit but things aren’t going to change on their own. And that change starts (it certainly doesn’t end) with voting. 

Go vote in November. 

[mansfieldmortgages]

Bad Credit Mortgages Explained: How Mortgage Brokers Can Assist You in Finding the Right Loan

Having bad credit can make securing a mortgage seem daunting, but it doesn’t mean homeownership is out of reach. While traditional lenders may be hesitant to approve a loan for someone with poor credit, there are still options available. A mortgage broker can be your best ally in navigating the world of bad credit mortgages, helping you find the right loan that aligns with your financial situation. In this article, we’ll explain what bad credit mortgages are and how mortgage brokers can assist you in securing one.

 What Is a Bad Credit Mortgage?

A bad credit mortgage, often referred to as a subprime mortgage, is a home loan specifically designed for individuals with a low credit score or poor credit history. Lenders view applicants with low credit scores as higher-risk borrowers, which can make it harder to qualify for a standard loan. Bad credit mortgages typically come with higher interest rates and stricter terms compared to conventional mortgages, reflecting the added risk to the lender.

 Factors That Affect Your Credit Score

Before diving into bad credit mortgages, it’s important to understand what affects your credit score:

- Payment History: Missed or late payments can significantly lower your score.

- Credit Utilization: How much of your available credit you’re using can impact your score.

- Length of Credit History: The longer you’ve responsibly managed credit, the better.

- Types of Credit: A mix of different types of credit (e.g., credit cards, loans) can boost your score.

- Recent Inquiries: Applying for too much credit in a short time can lower your score.

For those with a score below 620, finding a conventional mortgage may be difficult, but this is where a bad credit mortgage becomes an option.

 How Mortgage Brokers Can Help with Bad Credit Mortgages

 1. Access to Specialized Lenders

Mortgage brokers have access to a wide network of lenders, including those that specialize in bad credit mortgages. Unlike going directly to a single bank, which may reject your application based on credit alone, brokers can connect you with lenders who are more flexible and willing to work with low credit scores. This increases your chances of finding a suitable loan.

 2. Expert Guidance and Tailored Solutions

A mortgage broker can assess your overall financial situation, not just your credit score. They’ll take into account factors like your income, employment history, and any assets you might have. From there, they can recommend loan options that fit your circumstances, whether it's an FHA loan, a VA loan (if applicable), or another type of loan designed for borrowers with lower credit.

For example, FHA loans are government-backed mortgages that are more forgiving of credit issues, allowing scores as low as 500 (with a higher down payment). A broker familiar with these options can guide you through the application process.

 3. Negotiating Terms

Brokers often have relationships with lenders, which can help in negotiating better terms, even with bad credit. While your interest rate may still be higher than that of a borrower with excellent credit, a broker can work to find you a competitive rate and favorable loan conditions.

 4. Saving Time and Stress

Applying for a mortgage when you have bad credit can be overwhelming. You might feel unsure about which lenders will approve you or what documentation is needed. A mortgage broker can streamline this process by handling the research, paperwork, and communication with lenders on your behalf. This saves you time and reduces stress by letting the broker do the legwork.

 5. Improving Your Credit Profile

Mortgage brokers don’t just help you secure a loan—they can also provide valuable advice on improving your credit. If you’re not in a rush to buy, they may suggest actions to boost your credit score, such as paying off specific debts or correcting errors on your credit report. Improving your credit score, even slightly, can help you secure better mortgage terms in the future.

 6. Guidance Through the Approval Process

Getting approved for a bad credit mortgage often requires more documentation and proof of financial stability. Mortgage brokers can help you gather and organize these documents, making sure your application is as strong as possible. They’ll ensure you meet the lender’s requirements, increasing your chances of approval.

 What to Expect with a Bad Credit Mortgage

While a bad credit mortgage can help you achieve homeownership, it’s important to understand the trade-offs involved:

- Higher Interest Rates: Expect to pay more in interest over the life of the loan compared to borrowers with good credit. A mortgage broker can help minimize this by finding the best available rate for your situation.

- Larger Down Payments: Some lenders may require a larger down payment to offset the risk. A mortgage broker can explain the minimum down payment requirements for different types of loans, like FHA or subprime mortgages.

- More Fees: Bad credit mortgages may come with higher fees, including mortgage insurance premiums or origination fees. A broker can help you understand these costs upfront and compare them across different lenders.

 Can You Refinance a Bad Credit Mortgage?

One of the advantages of working with a mortgage broker is that they can help you develop a long-term strategy. If you secure a bad credit mortgage now but improve your credit score later, refinancing into a better mortgage with a lower interest rate may become an option. Mortgage brokers can monitor your situation and guide you through the refinancing process when the time is right.

 Conclusion

Having bad credit doesn’t mean you have to give up on your dream of homeownership. With the help of a mortgage broker, you can find a loan that suits your financial situation, even with a lower credit score. Brokers have the expertise and connections to find lenders who are more flexible and willing to work with you. They can simplify the process, negotiate better terms, and provide guidance to improve your financial future. If you’re concerned about bad credit, reaching out to a mortgage broker can be the first step toward owning your home.

[stkvlog07]

Demystifying Mortgages for First-Time Buyers

Understanding Mortgages: A Primer

What is a Mortgage?

A mortgage is a loan provided by a lender, typically a bank or mortgage company, to help individuals purchase a home. The borrower pledges the property as collateral, and the lender provides funds for the purchase, which the borrower then repays over time with interest.

Types of Mortgages

There are various types of mortgages available to homebuyers, including fixed-rate mortgages, adjustable-rate mortgages (ARMs), government-backed loans (such as FHA loans), and specialized programs for first-time buyers. Each type has its own terms, interest rates, and eligibility requirements.

[firsttimehomebuyerpros]

First Time Home Buyer Pros

At First Time Home Buyer Pros, we understand how daunting it can be to take the first step towards buying a home. As experts in providing Home Loans, Mortgages and assisting with FHA Loans for FTHBs in Temecula, CA, our team of Loan Officers and Real Estate Agents are here to help guide you through the process. Our mission is to make your journey as smooth as possible by offering tailored advice based on your situation and needs. We pride ourselves on our deep knowledge of the market in Temecula, CA, enabling us to guide you on what type of loan would best suit you while also helping negotiate the best price for your new home purchase. With years of experience under our belts and a passion for helping people achieve their homeownership goals, trust us to be there every step, from finding that perfect property until signing those final papers.

At First Time Home Buyer Pros, we pride ourselves on being a trusted resource for individuals in the Temecula, CA area interested in purchasing their first home. Buying a home can be an overwhelming and confusing process, especially for those who have never gone through it before. That's where we come in - our team of Loan Officers and Real Estate Agents is dedicated to providing personalized guidance to help you find your dream home.

We offer services tailored specifically to our client's needs as FTHBs in Temecula, including assistance finding suitable loan options, such as FHA loans or other mortgages that fit individual situations. Our experts are here to walk each step of the journey with you, from calculating what type of costs will be involved upfront (down payment, etc.) to all necessary paperwork submissions like getting pre-qualified for financing to negotiating better homes they desire.

We believe everyone deserves the chance to own their real estate and build wealth over time through homeownership. With free service consultations at every appointment provided by expert agents that also specialize solely towards serving people looking into buying homes using different forms, which include FHA Loans or traditional mortgages, we're able to share relevant information about neighborhoods within this community so prospective buyers feel confident enough not just when making offers but negotiations too!

Contact Us: First Time Home Buyer Pros 32209 Camino Herencia Temecula CA 92592 +1 949-357-5029 hello@fthbpros.com http://fthbpros.com/

[bythebeautifullakeblog]

How to Find Affordable Villas on Jigani Anekal Road

Escape the urban chaos and embrace serene lakeside living. Discover the allure of By the beautiful lake villas nestled along the picturesque Jigani Anekal Road. This guide will equip you with the knowledge and strategies to find your perfect, affordable villa. Finding the ideal property can feel overwhelming, but with careful planning and research, you can navigate the market effectively and secure a fantastic deal. Let’s explore the path to finding your dream Villas in Jigani Anekal Road

Understanding the Jigani Anekal Road Real Estate Market

Current Market Trends: Prices, Availability, and Growth Potential

The real estate market along Jigani Anekal Road boasts a variety of properties. As of 2023, the average price for villas in this area Availability remains steady, with around 150 villas listed at any given time. Experts predict a 10% increase in property values in the next five years, making this an opportune time to invest.

Analyzing Property Types and Amenities Offered by Bythebeautiful lake

Bythebeautiful lake villas come in several styles, including:

Single-family homes: Spacious and ideal for families.

Duplexes: Affordable options for smaller households or investors.

Luxury villas: High-end finishes and expansive views.

Common amenities include:

Private gardens

Access to community parks

Sport facilities

These features enhance the living experience and increase property value.

Factors Affecting Villa Prices Along Jigani Anekal Road

Villa prices can vary based on several factors:

Location: Proximity to the lake often increases demand.

Size: Larger villas command higher prices.

Age: Newer constructions tend to sell for more.

Amenities: Properties with premium features like pools or smart home technology will have higher price tags.

Understanding these factors will help you gauge the market better.

Effective Strategies for Finding Affordable Villas

Utilizing Online Real Estate Portals and Websites

Start your search on reputable online real estate platforms, such as:

Zillow

MagicBricks

Housing.com

Use filters like price range, number of bedrooms, and property type to narrow results. Regularly check these sites for updates and new listings.

Engaging Local Real Estate Agents and Brokers

Working with local agents provides access to exclusive listings. Consider these tips when choosing an agent:

Experience: Look for agents with a solid record in the area.

Reputation: Read reviews and seek recommendations.

Local knowledge: Choose someone familiar with the neighborhood.

A competent agent can guide you through the buying process.

Networking and Leveraging Personal Connections

Inform friends and family about your villa search. Personal connections can lead to hidden opportunities. Join local community groups or online forums to expand your network further.

Negotiating the Best Price for Your Dream Villa

Understanding Seller Motivation and Negotiation Tactics

Gaining insights into a seller's motivation can be advantageous. Are they in a hurry to sell? Understanding their needs can help you shape your offer.

Preparing a Strong Offer and Making a Convincing Case

Prepare a compelling offer by:

Highlighting your ability to close quickly.

Providing proof of financing.

Showing flexibility with closing dates.

A strong proposal demonstrates commitment and seriousness.

Securing Financing and Finalizing the Purchase

Explore various financing options including:

Conventional loans: Good for buyers with solid credit.

FHA loans: Ideal for first-time buyers.

VA loans: Available for veterans with favorable terms.

Understand the full purchasing process, which includes obtaining a mortgage, completing inspections, and finalizing contracts.

Due Diligence and Legal Considerations

Conducting Thorough Property Inspections

Independent property inspections are crucial. They can uncover hidden issues, such as structural problems or pest infestations. Address any concerns before finalizing the sale.

Reviewing Legal Documents and Contracts

Key documents include:

Title deeds

Sale agreements

Disclosure statements

Seek legal advice to ensure everything is in order. This can save you future headaches.

Understanding Property Taxes and Associated Costs

Property ownership comes with costs, including:

Annual property taxes

Maintenance fees

Utility bills

Research these costs to budget effectively.

Tips for Maintaining Your Affordable Lakefront Villa

Budget-Friendly Landscaping and Maintenance Strategies

Consider these easy maintenance tips:

Use native plants for landscaping.

Perform regular upkeep like mowing and pruning.

DIY small repairs to save on contractor fees.

These strategies will help maintain your villa without breaking the bank.

Energy-Efficient Practices for Lower Utility Bills

Implement energy-saving measures, such as:

Installing energy-efficient appliances.

Using LED lighting.

Sealing windows and doors to reduce drafts.

These practices can lower monthly bills significantly.

Conclusion: Your Journey to Lakeside Serenity Begins Now

Recap the key strategies for finding affordable By The Beautiful lake villas. With thorough research, strong negotiation skills, and diligent attention to detail, securing the perfect property is within reach. Embrace the rewards of lakeside living and start your journey today. Your dream villa is waiting along Jigani Anekal Road.

Please Visit Website : 

[seohubpro]

The Future of FHA Loans: What Changes to Expect in 2024

The Federal Housing Administration (FHA) has long played a crucial role in helping buyers secure affordable home financing. By insuring mortgages, the FHA mitigates risk for lenders, allowing them to provide loans with favorable terms to borrowers who may have lower credit scores or smaller down payments. As we edge closer to 2024, many potential homeowners and industry professionals are…

[myperfectmortgage]

Estimate Savings with the FHA Streamline Refinance Calculator

The FHA Streamline Refinance Calculator is an essential tool for homeowners looking to save money by refinancing their FHA loans. This calculator provides a quick and easy way to estimate how much you can reduce your monthly mortgage payments and overall loan costs.

With FHA Streamline Refinancing, eligible homeowners can refinance their current FHA loan without the hassle of extensive paperwork, credit checks, or home appraisals. The process is designed to simplify refinancing and make it more accessible. By entering a few key details into the calculator, such as your current loan balance, interest rate, and the new potential interest rate, you can quickly see how much you could save.

The primary advantage of this tool is its ability to give you a clear picture of your potential financial benefits without committing to a formal application. It can also help you decide whether refinancing is worth pursuing based on your specific situation. For instance, if the calculator shows significant savings, you may want to proceed with the streamlined process.

However, it’s important to note that the FHA Streamline Refinance Calculator provides estimates, not guarantees. Your actual savings may vary based on factors like lender fees, closing costs, and the terms of your new loan.

By using this calculator as a starting point, you can take the first step toward lowering your monthly payments and achieving long-term savings on your FHA mortgage. Take advantage of this powerful tool to explore your refinancing options today!

[insert-witty-user-name-here]

10+ Good Things Biden has Done: Healthcare, Housing, and LGBTQ+ Edition

Just a list of 10+ good things Biden has done in the last 4 years because I’ve been hearing too much rhetoric that it doesn’t matter who you vote for. It does make a difference. 

Find more 10+ good things here, here, and here.

Increased access to healthcare and specifically codified protections for LGBTQ+ patients against discrimination. (x) 

Strengthened women's reproductive rights by increasing access to reproductive health care, improving confidentiality to protect against criminalization for patients receiving reproductive care, and revoked Medicaid waivers from states that would exclude providers like Planned Parenthood, and more. (x)

Expanded healthcare and benefits for veterans through the PACT Act (x)

Cemented protections for pregnant and postpartum workers through the Pregnant Workers Fairness Act and PUMP for Nursing Mothers Act. 

Improved access to nursing homes for those who receive Medicaid services and established, for the first time, a national minimum staffing requirement for nursing homes to ensure those in their care receive sufficient support.  (x) 

Lowered healthcare costs for those with Medicare which capped insulin for seniors at $35 a month, made vaccines free, and capped seniors’ out of pocket expenses at the pharmacy through the Inflation Reduction Act. 

Fully vaccinated 79% of American adults against COVID-19 (I know this is old news now this is a big deal) 

Banned unfair practices that hide housing fees from renters and homebuyers when moving into a new home (x) 

Reduced the mortgage insurance premium for Federal Housing Administration (FHA) mortgages and clarified that inflated rents caused by algorithmic use of sensitive nonpublic pricing and supply information violate antitrust laws. (x) 

Increased protections for those saving for retirement from predatory practices. (x)

Helped millions of households gain access to the internet through the Affordable Connectivity Program. (x) 

Restored net neutrality (net neutrality is a standard which ensures broadband internet service is essential and prohibits interna providers from blocking, engaging in paid prioritization, and more.) (x)

Increased protections for loan holders as well as increased access to loans (x)

Cut fees that banks charge consumers for overdrawing on their accounts. (x)

Reaffirmed HUD’s commitment to remedy housing discrimination under the Fair Housing Act (which was– surprise, surprise– halted under the Trump administration). (x)

Required the U.S. federal government and all U.S. states and territories to recognize the validity of same-sex and interracial civil marriages by passing the Respect for Marriage Act, repealing the Defense of Marriage Act.

Reversed Trump’stransgender military ban.

Proposed investments in a lot of programs including universal pre-k, green energy, mental health programs across all sectors, a national medical leave program for all workers and more. (x) 

Last… let’s also not forget all the truly terrible things Trump did when he was in office. If you need a reminder, scroll this list, this one mostly for giggles + horror, for actual horror about what a Trump presidency has in store, learn about ‘Project 2025’ from the Heritage Foundation. I know this post is about reasons to vote FOR Biden but let’s not forget the many, many reasons to vote for him over Trump.

Looking for more?

10+ good things Biden has done in education and immigration

10+ good things Biden has done in the justice and courts system

10+ good things Biden has done in climate and labor

A few other notes

Voting for Biden or Trump shouldn’t be the only reason you vote. You know what elections have more power over your life? LOCAL elections. If you’re not feeling jazzed about Biden… vote for someone really cool running for mayor, or your rep, or on your school board and then begrudgingly vote for Biden. 

A reminder that if someone online is trying to discourage you to vote there’s a good chance they are a paid actor to do so. Voter suppression was a well-documented tactic during the 2016 election and I’m sure the trolls are out in force again. 

Check your voter registration here, make a plan to vote, and encourage your friends to vote as well. 

All in all, yeah… there’s a lot of shitty things still happening. There’s always going to be shit but things aren’t going to change on their own. And that change starts (it certainly doesn’t end) with voting. 

Go vote in November.

[mortgageandfinance]

Understanding the difference between Home Equity Conversion Mortgages (HECM) and reverse mortgages is crucial for retirees seeking financial freedom. A reverse mortgage lets seniors borrow against their home equity without selling, while HECMs, the most common type, are FHA-insured for added protection. They differ in costs, loan limits, and eligibility, but both provide flexible ways to supplement income. With options like proprietary or single-purpose reverse mortgages, retirees can choose the right fit based on their financial needs.

[realestatencrs]

Gaur City 14th Avenue Ready to Move Apartments Greater Noida West

Indianapolis home foreclosures are fast becoming the hottest foreclosures in the country ever since the city proved success in its rebuilding efforts. Gaur City 14th Avenue Ready to Move Apartments Greater Noida West, People are now seeing the value and prospects of investing in such a successful and wonderful city. Seasoned and experienced investors know where to exactly put their money when they see an opportunity and Indianapolis is swelling with great financial opportunities.

First-time home buyers need not worry, though. The city holds as many rewards for the experienced as well as for the beginning investors, even to those who just want to buy a house to live in without spending a big sum of money. In fact, Gaur city foreclosures in Indianapolis are great properties to start and are just right for the first-time home buyers. Gaur City 14th Avenue Resale / Gaur Yamuna City Resale / Legacy by Gaurs Price / Gaur City 1st Avenue Resale

Great Starter Properties, Gaur city foreclosures are residential properties owned by the Department of Housing and Urban Development or Gaur city, which loan mortgages have been insured by the Federal Housing Administration. Gaur City 14th Avenue Ready to Move Apartments Greater Noida West, when a borrower defaults, the FHA pays his balance of the loan. After which, the property is transferred to the Gaur city.

There are Indianapolis home foreclosures that are Gaur city owned and sold for reasonably low prices. This is one of the main reasons why Gaur city foreclosures are great for beginning investors. Prices are attractively cheap and there are just so many properties to choose from.

Some Gaur city foreclosures may need some repairs. House flippers are particularly interested in these properties since they are often appraised at below market values to reflect the projected investment that the buyer has to spend in order to repair the property. Gaur City 14th Avenue Ready to Move Apartments Greater Noida West, However, this should serve as a guide to make you aware that Gaur city properties are generally sold 'as is' and you will be responsible for its repairs as a buyer.

Because Gaur city foreclosures are actually part of the housing program of the federal government, they give priority to families who are in the low to moderate income brackets and to first-time home buyers, hence, the low selling price. Gaur City 14th Avenue Ready to Move Apartments Greater Noida West, If you can qualify for a loan or have a cash to make your purchase with, then you are eligible for an Gaur city purchase.

Finding Indianapolis home foreclosures is very easy, especially with the availability of online tools that you can now use to speed up your research process. Online foreclosure lists providers can give you valuable information on where to find these Gaur city foreclosures as well as the right and best spots for a property purchase. Buying is even simpler. You can get all the information that you need to buy these properties from the online list providers as well.

[cindybanksteam]

Loan-to-Value Ratio Explained

When you’re buying a home, you’re likely to hear a lot of terms, some of which you may be unfamiliar with. One of those might be the loan-to-value ratio or LTV.

LTV is a comparison between the amount of the loan you hope to borrow against the appraisal value of the property you’re trying to buy. Lenders use this comparison to determine the level of risk a loan is for them, as they’re deciding to approve or deny it. The LTV is also used to determine if you’ll need mortgage insurance.

The higher your LTV ratio, the more risk a lender might see.

A loan-to-value ratio provides details about how much of a property you own versus what you owe on the mortgage you used to buy it. While LTV is most frequently for mortgages, it’s sometimes used for car loans and refinancing too.

A lender will not just look at an LTV. Lenders also consider various factors like your credit score, the income you’d have available to make payments each month, and the condition of the asset you’re trying to buy.

If you have good credit, then you’re in a better position to get higher LTV loans. If you have a high LTV ratio, then you might either be denied approval or you might have a higher interest rate. You may also be required to buy mortgage insurance, which offsets some of the lender’s risk.

How is the Loan-to-Value Ratio Calculated?

You can calculate your own LTV ratio. You take the mortgage amount and divide that by the appraised property value, and it’s expressed as a percentage.

If you were to buy a home with an appraisal value of $100,000 and then put down $10,000, you’d borrow $90,000. That leaves you with an LTV ratio of 90%. If you were to make a down payment of $20,000 instead, you’d have an LTV ratio of 80%.

The idea here is that the more money a lender gives you, the greater your LTV ratio and the more risk they’re taking on.

Collateral and LTV

If the calculation of LTV is factoring into a loan, the loan probably involves collateral. In the case of a mortgage, the loan is secured by a lien. That lien is there as you pay off your mortgage. Your lender can take possession of your home and foreclose on it if you don’t make payments. A lender’s goal isn’t to seize property, but collateral is a way to make sure they can get at least some of their money back if you default on the loan.

If a lender only gives you 80% of the property value, the thought is that they can sell the home even at a discount and still get their money back.

If you got a loan that was more than the value of the asset you were trying to buy, that’s negative equity. Negative equity means an LTV ratio of more than 100%. In that particular situation, it’s an underwater loan.

What Should An LTV Ratio Be?

Most lenders want to see an LTV ratio of around 80% for a mortgage. If you borrow more than 80% of the value of a home, again, you’re probably going to have to get private mortgage insurance to give your lender some sort of protection. Once you get below 80% LTV, your lender will usually let you cancel the insurance.

If you get an FHA loan, you may only have to make a 3% down payment, which would put your LTV ratio at 97%. You’d have to pay mortgage insurance, potentially for the duration of your loan.

When you get a home equity loan, you’re using the value of your home and increasing the LTV ratio. Your LTV goes down if the value of your home goes up.

In the mortgage lending process, there’s no surefire answer as to what your LTV ratio needs to be. Instead, the closer you can get it to an acceptable percentage, the better, but there are a lot of other factors that play into the lending decision aside from this one.

[realestateowned]

FHA Conveyance: Understanding the Process and Its Importance

The Federal Housing Administration (FHA) is a crucial player in the U.S. housing market, providing insurance to lenders for loans made to borrowers with less-than-perfect credit. FHA conveyance refers to the transfer of a property back to the lender or the U.S. Department of Housing and Urban Development (HUD) after the borrower defaults on an FHA-insured mortgage. This process plays a significant role in maintaining the stability of the housing market by ensuring that lenders and investors are protected.

What is FHA Conveyance?

FHA conveyance is a process by which a borrower who has defaulted on their FHA-insured mortgage is required to transfer the ownership of the property back to the lender or HUD. This usually occurs after a foreclosure or when a property becomes vacant and is no longer financially feasible for the homeowner. The process is governed by specific FHA guidelines to ensure that the property is handled properly and that the interests of both the borrower and the lender are protected.

Why FHA Conveyance Happens

FHA loans are insured by the U.S. government to protect lenders from the risk of borrower default. When a borrower defaults on their mortgage, the lender may initiate a foreclosure. If the foreclosure is successful, the property is transferred to the lender or HUD. FHA conveyance becomes necessary when the property has no value left to the borrower and is no longer viable for them to maintain.

The main reasons FHA conveyance occurs include:

Default on Mortgage Payments: If a borrower is unable to make their monthly mortgage payments, the lender may foreclose on the property and initiate the conveyance process.

Inability to Sell the Property: If the borrower is unable to sell the property to pay off the mortgage, FHA conveyance becomes an option to avoid further financial loss.

Property Abandonment: In cases where the borrower abandons the property, FHA conveyance is necessary to transfer the property back to the lender or HUD.

FHA Conveyance Process

The FHA conveyance process involves several steps to ensure that the property is transferred properly, and all legal requirements are met. Below are the key stages:

1. Foreclosure and Default Notification

The process typically begins when the borrower defaults on their mortgage. The lender notifies the borrower of the default and begins foreclosure proceedings if the situation isn’t resolved through payment or other means.

2. Foreclosure Sale

Once the foreclosure process is complete, the property is typically sold at a public auction. If no bidder purchases the property, the lender may take ownership of the property.

3. FHA Conveyance Request

After the foreclosure sale, if the property is not sold to another party, the lender or the servicer of the FHA loan will file for FHA conveyance with HUD. This request initiates the process of transferring the title of the property back to HUD.

4. Property Inspection

The lender or servicer is required to inspect the property to assess the condition of the home. The property must meet certain standards to ensure that it is eligible for FHA conveyance. If there are repairs needed, the lender may be required to make necessary repairs before the conveyance can be completed.

5. Title Transfer

Once the property passes the inspection and meets HUD’s standards, the lender can transfer the title to HUD. This officially completes the FHA conveyance process, and HUD will now take ownership of the property.

6. HUD Management

After the conveyance, HUD will manage the property. This may include selling it through auction or listing it for sale to recover the losses from the defaulted loan.

Key Considerations in FHA Conveyance

Property Condition: The condition of the property is a critical factor in the conveyance process. HUD requires that properties be transferred in good condition, with no major damage or issues that would require significant repair.

Timeframe: The FHA conveyance process can take several months. Lenders, servicers, and HUD all follow specific timelines for each step to ensure compliance with FHA regulations.

Financial Impact: FHA conveyance protects both lenders and borrowers by ensuring that properties are transferred appropriately and that both parties can minimize financial losses.

Benefits of FHA Conveyance

Protection for Lenders: The conveyance process provides a safeguard for lenders by ensuring that they can recover the loan balance in cases of borrower default.

Government Assistance: FHA conveyance is a mechanism that helps stabilize the housing market by ensuring that distressed properties are handled efficiently and do not remain abandoned or unsellable for long periods.

Borrower Relief: For borrowers, the conveyance process offers a way to walk away from a financially burdensome situation. While it may not resolve all the borrower’s debts, it does provide an opportunity for them to leave behind an unaffordable property.

Summary

FHA conveyance is a vital process that allows lenders to recover their losses and ensures that defaulted FHA-insured properties are properly transferred to HUD. This process provides protection for both lenders and borrowers and helps maintain stability in the housing market. The FHA conveyance process involves steps such as foreclosure, property inspection, and title transfer, and requires properties to meet specific standards. It plays a crucial role in the post-default recovery process, ensuring that properties are sold or repurposed in a way that minimizes the financial impact of defaults on both parties involved.

[seohubpro]

Exploring Government-Backed Loans: FHA, VA, and USDA Mortgage Options

When considering the purchase of a home, navigating the myriad of financing options can be daunting. However, government-backed loans can provide a solution for many prospective homeowners by offering lower rates, reduced down payments, and more lenient credit requirements. Among the most prevalent types are FHA, VA, and USDA loans. Each of these loan programs is designed to promote homeownership…

[mortagesbycheryl]

What If You Don’t Have Money for a Down Payment? Here’s How You Can Use What You Have to Buy a Home!

A down payment and/or closing costs doesn't have to be a roadblock to homeownership. Many people think they need 20% of the home price saved up before they can buy, but that's not the case. There are several options, both traditional and creative, that could help you get into your dream home with little or no money down. It’s not about how much you’ve saved, but about knowing all the possibilities that are available to you. Let’s explore the low down payment programs for both first time homebuyers and current homeowners. These programs help lower your down payment so that it is affordable for you. 1. FHA Loans FHA loans are a popular option for first-time buyers. They only require a down payment as low as 3.5%. This could be the perfect fit if you don’t have a large amount saved but want to buy a home sooner. 2. Conventional Loans You might be surprised to learn that conventional loans can have down payments starting at just 3%. They are available to those with good credit and stable income, so even if you don’t have much in savings, this can be an affordable way to get into a home. 3. VA Loans If you’ve served in the military, a VA loan might be your best option. These loans require no down payment at all, and you also don’t have to pay private mortgage insurance (PMI), which can save you money every month. 4. USDA Loans Buying a home in a rural area? USDA loans allow you to buy a home with $0 down. This is a great option if you’re open to living outside the city and want to save on your down payment. Acceptable Assets for down payment and/or Closing costs 1. Down Payment Assistance Did you know there are programs out there that can give you money for a down payment? These are called down payment assistance programs. They can offer you a grant (which you don’t have to pay back) or a second mortgage with very low interest and sometimes even 0% interest. If you’re a first-time buyer, definitely ask about this when talking to a lender. 2. Gift Funds Family or friends may be able to help you out. If someone you know is willing to give you money for a down payment, speak with your lender to make sure you can use it! This is called “gift funds.” You’ll need to provide documentation that the money is a gift and not a loan, but this can be a huge help if you're short on cash. Documenting this gift is specific to the loan type, make sure you mention this to your lender during your initial consultation. 3. Cash Value Life Insurance Policies If you have a life insurance policy with cash value, you may be able to borrow against it or even cash it out to use for your down payment. These are typically tax free and penalty free. Many people don't realize that their life insurance policy could be a source of funds for homebuying. Speak with your financial advisor for more policy details. 4. Retirement Funds You can also tap into your retirement funds for your down payment. If you have a 401(k), IRA, or other retirement account, you might be able to withdraw or borrow against it for your home purchase. Most 401K's allow you to pull money out Penalty Free. You can also use stocks, bonds, mutual funds, CDs, or other assets in your retirement account to fund your down payment. Just be aware of any taxes or penalties that might apply. 5. Inheritance or Trust Funds If you’ve recently received an inheritance or have access to a trust fund, you may be able to use those funds for your down payment. It’s important to talk to your lender to make sure the funds are properly documented, but inheritance or trust fund money can be a great resource for homebuying. 6. Settlements If you’ve received a settlement (like a personal injury or legal settlement), you might be able to use that money for your down payment. Just like with inheritance funds, make sure the money is well-documented for the lender. 7. Bitcoin or Cryptocurrency If you own cryptocurrency, you might be able to use it for a down payment and/or closing costs. Many lenders are beginning to accept Bitcoin and other cryptocurrencies as valid assets, but this can depend on the lender’s specific policies. It’s worth asking about if you have crypto savings as it too must be documented accordingly! 8. Sale of Personal Property Have you sold a car, jewelry, or other valuable personal items? The proceeds from the sale of personal property can often be used for your down payment. If you’ve sold something valuable recently, be prepared to show proof of the sale with a "Bill of Sale" when working with a lender. 9. Sale of Real Estate If you’ve recently sold another property, the proceeds can be used for your down payment. Whether it’s a vacation home, land, or even an investment property, the money from the sale of real estate can be a valuable resource for buying your next home. Have your fully executed Closing Disclosure ready for the lender to show proof of sale. 4. Seller Credit A seller credit is when the seller agrees to contribute a portion of the sale price to help cover your closing costs, down payment or even your realtors' commissions. It’s a great way to reduce the upfront cash required. If you’re negotiating with the seller, make sure to ask if they’re open to providing credit at closing. 15. Realtor Credit In some cases, your realtor may offer a credit toward your closing costs. This is called a realtor credit, and it can be used to help cover some of the closing costs of buying a home, which can ease the financial burden on you. Talk to your agent about whether this is a possibility for you. 16. Lender Credit Lender credits are another way to reduce your out-of-pocket expenses. Sometimes, lenders will offer credits toward your closing costs in exchange for a slightly higher interest rate on your mortgage. This can be a helpful option if you don’t have enough money saved for your down payment but want to reduce your closing costs. There’s More Than One Way to Buy a Home! As you can see, the path to homeownership doesn’t always require years of saving for a 20% down payment. You can use a variety of assets to fund your down payment. The bottom line? Don’t let the down payment hold you back. Whether it’s a small or large amount, there are plenty of ways to make homeownership a reality. Reach out to a mortgage advisor today to explore your options and see what you qualify for. The journey to your new home might be easier than you think! Read the full article