What is the C.A.R.E.S. Act Relief Bill and How Can it Help You as a Homeowner? The CARES (Coronavirus Aid, Relief, and Economic Security) Act is a new federal law and relief program for homeowners that may be experiencing severe financial hardship due to the coronavirus pandemic. This act provides a payment deferment option to […]
The CARES Act Relief Bill and How it Can Help You as a Homeowner Read More »
Barely anyone wants to keep writing rent checks each month. Buying a house is the secret to breaking out of that rent cycle. A common misconception a lot of people have is that they can’t afford to pay a mortgage, which is why they choose to rent. That’s actually not true at all, there are
How to Buy a House in Utah With a Bad Credit Score? Read More »
Owning a home is an amazing experience, and an opportunity to build equity. For some people, it is almost impossible saving enough home deposit and hence they end up opting to rent a home. Do you feel it is time to break the monthly rent cycle? In this article, we present some suggestions proven to
Best Tips on How to Break the Monthly Rent Cycle Read More »
To rent or to buy is an intimidating question, and unfortunately, there is no universal answer to it. Well, the reality is that owning a home is considered the American Dream. However, if you have bad credit or no credit, owning a home remains a fantasy, and you are left to rent. Evaluating the advantages
Renting vs. Buying a Home: Pros and Cons You Should Know Read More »
If a bad credit score is keeping you from applying for a conventional loan, do not lose hope! You may qualify for a reverse mortgage in AZ, so long as you have enough equity. Seniors can apply for the reverse mortgage Arizona program and use the money to finance their retirement. This includes traveling, paying
How to Fix Your Bad Credit in 6 Easy Steps Read More »
We will all get through this. This might be a red light right now but on the other side will be a green light, and we will make it to that other side even stronger and better than before. Read below for our action plan regarding COVID19: Business continuity is about preparedness, redundancy, flexibility and
Sun American Mortgage COVID19 Announcement Read More »
Down payment will have potential homebuyers splitting hairs on whether it’s worth their scratch or not. Truth is, there are unlimited misguided concepts surrounding down payments and its high time we shed some light. It’s not as bad as you think it is. The infamous “20% down” is not the only down payment option at
9 Clever Ideas for Buying a Home with Little To No Down Payment Read More »
In a recent news release, the Federal Housing Finance Agency announced an increase on the maximum conforming loan limit by nearly $100,000 since 2016. Starting January 2020, the conforming loan limits for Federal National Mortgage Association (aka Fannie Mae) and the Federal Home Loan Mortgage Corporation (Colloquially known as Freddie Mac) will be more than
Breaking News!! FHFA Announces Maximum Conforming Loan Limits for 2020 Read More »
Starting October 15, 2019, FHA is updating their guidelines to make financing a condo easier for owners. This has been a long awaited update that will allow for individual unit approval and relax it’s requirements to make more properties eligible for FHA financing. This new policy creates flexibility within changing market conditions. This update includes
Huge Updates – FHA Makes it Easier to Finance Condos Read More »
Buying your first home can be SO exciting, but it can get overwhelming if you’re unsure what all the steps are. So much excitement comes with knowing that you qualify for a home loan and soon you will be buying a home in Arizona. Before you start your journey to buying a house in Arizona,
How to Buy your First Home: The Steps you Need to Follow Read More »
