Category Archives: Loan Programs

Federal Student Loan Default on the Rise Nationwide

The impact of rising student loans on the new home buyer market has grown to be a huge issue, particularly with the rising rate of default.  Student loans which are federal government loans do not fall off a credit report.  … Continue reading

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Defaulting on a Federal Student Loan Can Scar Your Credit

Defaulting on a Federal Student loan can scar your credit, which can impact your ability to borrow money again in the future.  Many students do not realize that when they sign up for a Federal Student loan, it does not … Continue reading

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Buying a Foreclosure: Some Things That Might Happen At Closing in Michigan

When you are in the process of buying a foreclosure, there are some things that might happen at closing in Michigan that it is good information to be prepared for.  This may also apply to other states, but I know … Continue reading

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Buying a Home in Battle Creek, Michigan

If you are looking into buying a home in Battle Creek, Michigan you should understand that the buying market has never been better.  Right now the home prices are at the lowest in decades, and interest rates on home loans … Continue reading

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Preparing to Buy a Foreclosure

When you are new to the process of buying a home, it is easy to jump into the process much the same way you might have bought some of your other major purchases in life. You go looking at the … Continue reading

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Raising the Stakes to Reduce Whose Risk?

Some creditworthy borrowers may not be able to obtain mortgages, if Wells Fargo & Co. gets its way. The nation’s largest mortgage lender is asking U.S. regulators to set a down payment standard of 30 percent for loans that would … Continue reading

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Good Loan Programs for Buying a Home in Southwest Michigan

When it comes time to buy a home, a qualified buyer will have a lot of options in loan programs in Southwest Michigan. A lot more than they may be led to believe if they listen to the media. Currently … Continue reading

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Buying a Home on Land Contract in Michigan

Buying a home on land contract in Michigan is often a route those with a troubled credit history will explore.  To have the desire to buy a home, and then have the disappointment of having a poor credit history which … Continue reading

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Buying A Home with a VA Loan in Southwest Michigan

Buying a home with a VA loan in Southwest Michigan is a great choice for buyers who qualify.  Veterans Administration (VA) loans allow a US military veteran to purchase a home with 100% financing, requiring no down payment.  The program … Continue reading

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Advice for Buying a Home in Galesburg, Michigan

Some advice for buying a home in Galesburg, Michigan to those new to the community would be to work with an experienced Realtor that knows the area.  One of the best things about Galesburg, Michigan is that it is located … Continue reading

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