Tag Archives: First Time Home

Questions about capital gain and the USDA Rural Development Loan?

Lacey asked: My husband and I have had our house since June of 2008. We need to relocate and worry about selling our first house. Question #1—How do capital gains work? Our purchase price was $80,000. Which, was a seemed … Continue reading

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Zero Down Mortgage Loans for First Time Home Buyers

Mary Wise asked: Being a First Time Home Buyer can increase the difficulty in the process of obtaining finance, not only due to the lack of credit history that it implies but because of the inexperience and lack of knowledge … Continue reading

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Different Types Of Home Loans – 7 Different Types Of Home Loans

Gressly Stevens asked: Are you looking for a home loan, but you are not sure which one is right for you? There are many different types of home loans and it can be very confusing to try to pick the … Continue reading

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First time home buyer. How much will the bank loan us?

gidget asked: The house is appraised at $90,000. We are approved for it, however, the seller is only asking $85000 for it. I have no idea about mortgages! This is my first one and I’m wondering if we can borrow … Continue reading

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