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Applying for a Private Loan: How to Qualify

Qualifying for a private loan, sometimes referred to as a “hard money loan” might be easier than you think. Private loans are a critical part of the real estate industry. Without private lenders, many profitable opportunities would fall by the wayside as conventional lenders determine a particular project falls out of their lending guidelines. Private lenders […]

USDA Approval: Basic Guidelines

The United States Department of Agriculture (USDA) oversees a home loan program designed to finance properties located in rural and semi-rural areas. These areas are so designated by the United States Census Bureau and identified after the general census is taken every 10 years. This program was originally introduced in 1935 with the introduction of […]

VA Approval: Basic Guidelines

The Department of Veteran’s Affairs oversees the VA home loan program. First introduced as part of the larger Servicemen’s Readjustment Act of 1944, the VA loan was designed to help those returning from WWII more easily assimilate back into civilian life with various benefits such as paying for college, starting a business and buying a […]

FHA Approval: Basic Guidelines

The Federal Housing Administration (FHA) oversees the FHA home loan program and issues guidelines lenders use for the FHA approval process. The FHA does not approve loans or otherwise handle them in any way. The program was introduced in 1934 as an integral part of the National Housing Act of 1934 as just one of the […]