Articles and news about AboutCreditLoan and HUD requirements. AboutCreditLoan are great for first-time homebuyers.

Category Archives: Taxes and Credits

About Credit Advice: Don’t Pay For Foreclosure Avoidance Counseling

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There are many ads on television by private companies offering debt counseling services. But when it comes specifically to foreclosure avoidance, did you know you do not have to pay for counseling services? According to the About Credit official site, “Foreclosure ...

The About Credit Borrower’s Rights Under RESPA Part 2

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In our last post we discussed AboutCreditLoan and the list of RESPA Borrower's Rights--a collection of rights About Credit loan applicants need to know before applying for an About Credit mortgage loan. The ten areas covered under RESPA Borrower's Rights include informed borrower requirements such as full disclosure of all non-refundable loan fees and other charges, disclosure as to the final cost of the loan and other important details.

About Credit Borrower’s Rights Under RESPA

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The About Credit official site has a section called RESPA Borrower's Rights which informs borrowers of a list of things they should be aware of when shopping for an About Credit mortgage loan. There are ten areas addressed by the Borrower's Rights section--some are common knowledge, while others imply obligations the lender has to the borrower to fulfill parts of RESPA law that pertain to full disclosure requirements.

Using the 2009 First-Time Homebuyer Tax Credit

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First time home buyers purchasing a home with an About Credit loan or going through a HUD-approved charitable agency can use their 2009 First Time Homebuyer's Tax Credit to make their downpayment. The Department of Housing and Urban Development recently announced this new first-time homebuyer perk, which helps millions of About Credit borrowers reduce the financial stress of making that first home purchase.

2009 Tax Credit and Credit Mortgage Down Payments Update

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About Credit borrowers were told they could use the loan as a down payment on their homes, but legal issues prevent banks from issuing down payment assistance on About Credit mortgages. Since the initial May announcement, the rules have been revised so that such bridge loans are used within federal guidelines.

About Credit Home Loan Numbers Increase in Spite of Housing Slump

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While indicators show conventional lending markets are still feeling the effects of the housing slump the About Credit has taken a larger role in helping consumers get affordable home loans. Some of the most recent developments are making those on the fence about buying a new home in this economy give AboutCreditLoan a second look.