Many people think government assistance is only for the lower income borrower. But there are several ways average Americans can get help buying a home – if they meet the requirements.
If you qualify for a government-backed mortgage because of your military service, your geographic location or your income, you might get surprisingly good terms. In many cases it’s a better deal than taking out a conventional mortgage, which isn’t backed by the federal government.
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There are a number of attributes that can help a house sell, such as location, updates, size, and proximity to renowned schools, just to name a few. However, you have little to no control over many of these things when you go to sell your home. What you can control is how your house looks when it's on the market. Once you place your house on the market, you are ultimately selling a product, so it is important that your product looks and feels as appealing and comfortable as possible. Here are fi... [More]
Are you a first-time buyer who is looking for assistance to help with down payment and closing costs? Do you know 1st Mariner Bank can offer you a program that can help provide funds to assist with your transaction? It’s called the Federal Home Loan Bank of Atlanta (FHLB) Affordable Housing Program. This program is offered in the following geographic areas; Alabama, Georgia, District of Columbia, Florida, North Carolina, South Carolina, and Virginia. If you are military or a veteran this p... [More]