Home Affordable Modification Program

Home Affordable Modification Program

What Is the Home affordable modification program? The Home Affordable Modification Program is MHA’s most extensive program (HAMP). The purpose of HAMP is to provide

FHA-loan

Federal Housing Authority

What Is The Federal Housing Authority? The Federal Housing Administration (FHA) is a United States government body that insures mortgages for FHA-approved lenders. The Federal

debt-to-income-ratio

Debt-to-income ratio

What Is a Debt-to-income Ratio? The debt-to-income ratio (DTI) is calculated by dividing all of your monthly debt payments by your gross monthly income. This

credit-history

Credit History

What is Credit History? Credit history is a record of your past repaid debts and a measure of your repayment schedules that you have done

US Department of Agriculture

US Department of Agriculture

What is the US Department of Agriculture? The United States Department of Agriculture (USDA) is a government agency that establishes policies and regulations for agriculture,

Section 502 Loans

Section 502 Loans

What Is a Section 502 Loan? The section 502 loan is also known as Single-Family Housing Direct Home Loans. It is covered under the US

Rural Area

Rural Area

What is Rural Area? Rural area refers to any locations other than a city or town with a population of larger than 50,000 inhabitants; and

paycheck-protection-program

Paycheck Protection Program

Paycheck Protection Program Small firms can use the Paycheck Protection Program to keep their payrolls up to date, rehire employees who have been laid off,

agricultural-subsidy

Agricultural Subsidy

Agricultural Subsidy Agricultural subsidies, sometimes known as farm subsidies, are payments and various forms of assistance provided by the federal government of the United States

private-lender

Private lender

Private Lender The following article will cover all aspects of Private lenders including: What is a Private lenders, How do Private lenders work, Types of

mortgage-bonds

Mortgage Bonds

Mortgage Bonds The following article will cover all aspects of Mortgage bonds including: What is a Mortgage bond, How do Mortgage bonds work, Types of

Non-conforming loan

Non-conforming loan

Non-Conforming Loan The following article will cover all aspects of Non-conforming loan including: What is a Non-conforming loan, How do Non-conforming loan work, Types of

What is a Mortgage Backed Securities

Mortgage Backed Securities

Mortgage Backed Securities The following article will cover all aspects of Mortgage Backed Securities including: What is a Mortgage Backed Securities, How do Mortgage Backed

What is rural housing service

Rural Housing Service

Rural Houses Service The following article will cover all aspects of Rural Houses Service including: What is the Rural Houses Service, How does Rural Houses

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