Amazines Free Article Archive
www.amazines.com - Tuesday, December 10, 2019
Read about the most recent changes and happenings at Amazines.com
Log into your account or register as a new author. Start submitting your articles right now!
Search our database for articles.
Subscribe to receive articles emailed straight to your email account. You may choose multiple categories.
View our newest articles submitted by our authors.
View our most top rated articles rated by our visitors.
* Please note that this is NOT the ARTICLE manager
Add a new EZINE, or manage your EZINE submission.
Add fresh, free web content to your site such as newest articles, web tools, and quotes with a single piece of code!
Home What's New? Submit/Manage Articles Latest Posts Top Rated Article Search
Google
Subscriptions Manage Ezines
CATEGORIES
 Article Archive
 Advertising (133321)
 Advice (160961)
 Affiliate Programs (34735)
 Art and Culture (73690)
 Automotive (145679)
 Blogs (75057)
 Boating (9840)
 Books (17218)
 Buddhism (4125)
 Business (1328592)
 Business News (426310)
 Business Opportunities (366264)
 Camping (10962)
 Career (72734)
 Christianity (15844)
 Collecting (11637)
 Communication (115054)
 Computers (241956)
 Construction (38997)
 Consumer (49681)
 Cooking (17061)
 Copywriting (6567)
 Crafts (18204)
 Cuisine (7538)
 Current Affairs (20388)
 Dating (45780)
 EBooks (19687)
 E-Commerce (48204)
 Education (185249)
 Electronics (83499)
 Email (6392)
 Entertainment (159832)
 Environment (28937)
 Ezine (3039)
 Ezine Publishing (5446)
 Ezine Sites (1550)
 Family & Parenting (110900)
 Fashion & Cosmetics (196390)
 Female Entrepreneurs (11842)
 Feng Shui (130)
 Finance & Investment (310274)
 Fitness (106137)
 Food & Beverages (62868)
 Free Web Resources (7938)
 Gambling (30225)
 Gardening (25108)
 Government (10513)
 Health (629552)
 Hinduism (2205)
 Hobbies (44043)
 Home Business (91557)
 Home Improvement (251360)
 Home Repair (46136)
 Humor (4823)
 Import - Export (5453)
 Insurance (45130)
 Interior Design (29552)
 International Property (3485)
 Internet (190990)
 Internet Marketing (146336)
 Investment (22825)
 Islam (1167)
 Judaism (1356)
 Law (80489)
 Link Popularity (4591)
 Manufacturing (20842)
 Marketing (98777)
 MLM (14136)
 Motivation (18213)
 Music (27005)
 New to the Internet (9479)
 Non-Profit Organizations (4048)
 Online Shopping (129617)
 Organizing (7803)
 Party Ideas (11856)
 Pets (38079)
 Poetry (2234)
 Press Release (12674)
 Public Speaking (5618)
 Publishing (7523)
 Quotes (2407)
 Real Estate (126625)
 Recreation & Leisure (95278)
 Relationships (87563)
 Research (16158)
 Sales (80322)
 Science & Technology (110221)
 Search Engines (23453)
 Self Improvement (153102)
 Seniors (6232)
 Sexuality (35942)
 Small Business (49286)
 Software (82995)
 Spiritual (23465)
 Sports (116081)
 Tax (7658)
 Telecommuting (34066)
 Travel & Tourism (307414)
 UK Property Investment (3121)
 Video Games (13428)
 Web Traffic (11727)
 Website Design (56829)
 Website Promotion (36569)
 World News (1000+)
 Writing (35770)
Author Spotlight
ADRIAN JOELE

I have been involved in nutrition and weight management for over 12 years and I like to share my kn...more
CACEY TAYLOR

Im just a man who likes to be happy and see others happy. Im into home business, sports, family, and...more
SHOVON JOARDER

Shovon Joarder has been working as Freelance Marketing Project Manager for over four years. He also ...more
OLEG KOBETS

Oleg has been providing SEO, Copywriting and Content Management services for 10+ years. For the last...more
ALFRED MEARS

Former English Teacher; Musician (20+ years); Freelance Writer ...more


Things to Consider before Availing First Time Home Buyer Loans by Alice Campbell






Things to Consider before Availing First Time Home Buyer Loans by
Article Posted: 12/10/2017
Article Views: 415
Articles Written: 689
Word Count: 651
Article Votes: 1
AddThis Social Bookmark Button

Things to Consider before Availing First Time Home Buyer Loans


 
Finance & Investment

“Here in this write-up, we take a look some of the things that you need to consider before availing first time home buyer loans.”

You may have had enough with rentals and roommates. Now as you plan to buy the most prized possession in your life, it is exciting as well as would give you some nervous moments at the same time. Mortgage rates are at historic low and this is the right time for you to think of buying a home. If you meet all the eligibility criteria, you should be able to avail first time home buyer loans without any hiccups.

But all said and done, it is one of the most important decisions that you would be making in your life. This is where you need to work with lending specialists such as Clear Lending (https://www.clearlending.com) who shall guide you in availing the best loan programs at the most attractive rates. Here, we take a look at some of the important things that you need to consider before availing first time home buyer loans.

# Know Your Credit Ratings             
Poor credit or your inability to make considerable down payment can ruin your home ownership plans. If you have poor credit score or your income is at the lower end of the spectrum, you might not qualify for all home loan programs. Thus, it is crucial for you to know your creditworthiness even prior to getting in touch with loan consultants.

# Consider Conventional Loan Alternatives  
It goes without saying that conventional loans are the easiest loans that you can avail to build your home. But is it your best option? There are other loan programs that offer you more attractive rates and borrowing options, provided you meet the eligibility criteria. Some of your options include –

  • USDA Loan – The United States Department of Agriculture Rural Loan program, popularly known as USDA, is aimed at offering people with low income and including those with no other means to avail home mortgage with affordable loans. It is available to people who reside in rural areas and can offer up to 100% financing.

  • FHA Loan – For people with bad credit history, this is often the only loan program they are eligible for. It is aimed at people who have low debt to income ratio avail loans. One can qualify for a loan with 3.5% down payment with a credit score of 580 and above. Others who have a credit score between 530 and 579 can avail these loans with 10% down payment.

  • VA Loan – The Veterans Administration loan popularly known as VA loan is available to veterans, active duty personnel and their families (in some cases). This home mortgage plan allows 100% financing of the property at highly attractive interest rates. VA loans can easily be availed with credit scores which are as low as 530.

# Know What You Can Afford          
When you want to avail first time home buyer loans, what you borrow shouldn’t be based on what you are eligible for and rather on what you can afford to repay without having to compromise on the necessities and lifestyle. Don’t borrow an amount that would put you through considerable financial strain.


When you work with loan experts such as Clear Lending (https://www.clearlending.com), they will help you choose the right loan for your needs. They have experience with all kinds of home mortgage programs and hence, offer you the right advice.

About Author: Joan Gallardo, with his 18+ years of experience as a Senior Loan Officer, advice his clients to seek first time home buyer loans. He regularly writes about first time home buyer programs in Houston.

Related Articles - First time home buyer loans, First time home buyer programs in Houston,







Email this Article to a Friend!

Receive Articles like this one direct to your email box!
Subscribe for free today!

 Rate This Article  
Completely useless, should be removed from directory.
Minimal useful information.
Decent and informative.
Great article, very informative and helpful.
A 'Must Read'.

 

Do you Agree or Disagree? Have a Comment? POST IT!

 Reader Opinions 
01/04/18 - 2:53:22 AM - mymoneymantra
If you are seeking Home Loan of 1 Crore or above? Read our latest blog http://bit.ly/2E6vpcx.

mymoneymantra is a leading online lending marketplace that has an association of over 50 banks and NBFCs. Call our Mortgage Specialists toll-free at 1800 103 4004 for best Home Loan offers.

Submit your comments and they will be posted here.
Make this comment or to the Author only:
Name:
Email:
*Your email will NOT be posted. This is for administrative purposes only.
Comments: *Your Comments WILL be posted to the AUTHOR ONLY if you select PRIVATE and to this PUBLIC PAGE if you select PUBLIC, so write accordingly.
 
Please enter the code in the image:



 Author Login 
LOGIN
Register for Author Account

 

Advertiser Login

 

ADVERTISE HERE NOW!
   Limited Time $60 Offer!
   90  Days-1.5 Million Views  

 

Great Paranormal Romance


STEPHEN BYE

Steve Bye is currently a fiction writer, who published his first novel, ‘Looking Forward Through The...more
LAURA JEEVES

At LeadGenerators, we specialise in content-led Online Marketing Strategies for our clients in the t...more
GENE MYERS

Author of four books and two screenplays; frequent magazine contributor. I have four other books "in...more
STEVERT MCKENZIE

Stevert Mckenzie, Travel Enthusiast. ...more
TIM FAY

I am not a writer nor am I trying to become a writer. I am an average person with average intelligen...more
MICHAEL BRESCIANI

Rev Bresciani is the author of two Christian books. One book is an important and concisely written b...more
SUSAN FRIESEN

Susan Friesen, founder of the award-winning web development and digital marketing firm eVision Media...more
KIRAN KAUR

Kiranpreet (Kiran) Kaur, D.D.S., who received her Doctor of Dental Surgery degree from the prestigio...more
STEVE BURGESS

Steve Burgess is a freelance technology writer, a practicing computer forensics specialist as the pr...more
JOANNA MORGAN

Joanna Morgan has a huge passion for making money online from home and enjoys traveling around the w...more

HomeLinksAbout UsContact UsTerms of UsePrivacy PolicyFAQResources
Copyright © 2019, All rights reserved.
Some pages may contain portions of text relating to certain topics obtained from wikipedia.org under the GNU FDL license