Traditionally, when you buy a home, you apply for a mortgage through a lender, find a home for sale, and use a combination of your down payment and the loan amount to purchase the home. It is a tried and true method, but what if you want to skip the buying and selling process and simply take over another homeowner’s loan? With certain loans you may be able to do that, but there is a lot to consider before assuming a loan. The Basics “In days long past, some mortgages were fully assumable … [Read more...]

Buying a Home In Casa Grande With VA or FHA Just Got Easier For Some Folks

Recently, Pinal County - including Casa Grande - received federal money to redevelop abandoned and foreclosed homes through the National Stabilization Program. What's significant about this program is that will allow someone, who normally has little chance when it comes to buying a home, to take advantage of very low VA rates and low FHA interest rates, if they qualify, to become a homeowner. The NSP program has been around for a few years and is designed to provide federal funding to … [Read more...]

Arizona No Down Payment or Closing Cost Home Loans

Arizona No Down Payment or No Closing Cost Home Loans If you thought that no down payment loans were a thing of the past, think again. If you thought that no closing cost home loans were a thing of the past, think again. How about a lower-than-market interest rate? Too good to be true? Well, its not. Have you ever heard of NACA? NACA is Neighborhood Assistance Corporation of America and is a non-profit HUD certified community advocacy and housing services membership organizations. Here's an … [Read more...]