What Do I Need To Do To Stop a Foreclosure?
Start here if you are buying a home and there's a threat of foreclosure against you.
By: Alaska Legal Services Corporation
Helping People Avoid Predatory Lending Practices
(Separate Website)
By: Freddie Mac
Don't Be A Victim of Loan Fraud
(Separate Website)
Every year, misinformed homebuyers, often first-time purchasers or seniors, become victims of predatory lending or loan fraud. Included here are tips for protecting yourself, answers to questions, how to identify fraud, and what is predatory lending.
By: Deptartment of Housing and Urban Development
100 Questions and Answers About Buying a New Home
(Separate Website)
An excellent website of Questions and Home Buying Answers.
By: U.S. Department of Housing and Urban Development
Buying a Home -- Common Questions from First-Time Homebuyers
(Separate Website)
This web site provides answers to commonly-asked questions and explains your rights as a homebuyer and a borrower.
By: U.S. Department of Housing and Urban Development (HUD)
HUD Homes (Answers to Common Questions)
(Separate Website)
This web page explains how to buy a HUD Home and provides links to properties that are available near you for purchase from HUD. When someone with a mortgage insured by the Department of Housing and Urban Development (HUD) can't meet their payments, the lender forecloses on the home. HUD pays the lender what is owed and HUD takes ownership of the home. Then HUD sells it at market value as quickly as possible.
By: U.S. Department of Housing and Urban Development
Buying vs. Renting a Home
(Separate Website)
There are many advantages to buying a home versus renting one. This web site helps you compare the two situations.
By: Government National Mortgage Association (Ginnie Mae)
Federal Mortgage Programs
(Separate Website)
This document contains information about federal programs to help you purchase your own home with a low-cost mortgage. HUD's Federal Housing Authority (FHA) has mortgage insurance to help you become a homeowner. FHA doesn't actually make loans. Instead, it insures loans so that if buyers default for some reason, the lenders will get their money. This encourages lenders to give mortgages to people who might not otherwise qualify for a loan. You may be able to get an FHA loan 3% down, or even less! Talk to an FHA-approved lender about to see if an FHA loan might be right for you.
By: U.S. Department of Housing and Urban Development (HUD)
Ginnie Mae Homeownership Center
(Separate Website)
This web site provides information about (1) mortgages, including mortgage math, (2) choosing a home, real estate agent, and mortgage loan, (3) the process and paperwork involved in getting a mortgage, (4) the process and paperwork involved in closing on a home, and (5) credit counseling.
By: Government National Mortgage Association (Ginnie Mae)
Home Loan Guaranty Services for Veterans and the Military
(Separate Website)
This website contains information about: (1) the VA Home Loan program, (2) the Loan Guaranty Services, (3) Specially Adapted Housing for Disabled Veterans, (4) VA - Approved Lenders, (5) Refinancing Opportunities, and much more.
By: Department of Veterans' Affairs
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