Anna DeSimone

A FIFTY PERCENT DISCOUNT is available to law enforcement officers, school teachers, firefighters, and emergency medical technicians when buying a HUD-owned property under HUD’s Good Neighbor Next Door Program. The U.S. Department of Housing and Urban Development (HUD) offers this unique program to persons who are employed in certain professions that contribute to the local community.…

What to do when you have no credit score or minimal credit history As consumers, we have no control over the rate of interest or the cost of housing. However, we do have some control over our credit rating. If you are willing to take a pro-active approach and complete a few extra steps, you…

Commonly known as “in-law” or “mother-daughter” units, accessory apartments are small living spaces within a single-family home that are rented out. In the past, rental income on apartments within a single-family home could not be counted as qualifying income for a mortgage. The newest programs from Fannie Mae and Freddie Mac, as well as FHA…

Housing industry studies have shown that the number one barrier to buying a home is the lack of down payment funds. Interest rates are at their lowest in years, and home prices keep rising. Down payment assistance can make a difference between buying a home how– or  waiting years. Across the nation, there are cities…

Here’s another advantage to installing energy improvements in your home. Not only are you helping the environment and saving money, you can boost your loan affordability. Many conventional and government-insured mortgage programs allow debt-to-income (DTI) ratios to expand by two percentage points for borrowers who install energy-efficient features in their home. For applicants earning around…

“Sweat equity,” is a form of investment that replaces cash toward the down payment on a home. The amount of sweat equity is based on the buyer’s contribution of labor, plus reimbursement of any materials purchased. If you have the chance to buy a “fixer-upper,” you can cover all–or part of your down payment with…

Mortgage interest rates have been dropping, and currently hovering at 3 ½ percent. Over the past 12 months, the overall rate decline for 30-year fixed rate loans has reached one percent. There are many people who are financially qualified to make a purchase, but just can’t seem to find the right home in their price…

As an introductory special and a thank you for visiting my website, you can save 20% of the purchase of any purchase at BookBaby bookshop. Follow the “where to buy” links on this site.  Select “BookBaby” and at checkout: For Housing Finance 2020, use the code 2020E. For Hipoteca 2020, use the code 2020S.  …