by Justin Mayhall | Sep 25, 2023 | Blog
What is a HUD Home?Often the question is asked, what is a Hud Home? A Hud Home is a residential property that has 1 to 4 units and is held by the US Department of Housing and Urban Development (HUD). When the previous owner defaulted on their on their FHA (Federal...
by Justin Mayhall | Sep 25, 2023 | Blog
Questions to Ask When Buying a HouseBuying a house is an exciting process and the start of a new stage of your life. It is a large financial investment, so it is crucial to know what questions to ask when buying a house. Buying a house is a prolonged process and there...
by Justin Mayhall | Sep 25, 2023 | Blog
About the USMHAF Home Mortgage Calculators If you are considering buying a home and are not sure what your price range is, you should take a look at our mortgage calculator. You just plug in the loan term, interest rate, and amount and the calculator computes the...
by Justin Mayhall | Sep 25, 2023 | Blog
Closing Costs ExplainedClosing costs explained – like buying a home is no easy task. Before you begin the process of buying a home it is important to understand closing costs so that you are not caught by surprise by the additional fee. Closing costs are the...
by Justin Mayhall | Sep 25, 2023 | Blog
What is an ARM Mortgage? Flickr: USDAgov/Creative Commons An ARM (Adjustable Rate Mortgage) is a type of mortgage where the interest rate fluctuates based on an index (often the 1-year treasury bill, LIBOR, or COFI). Why would anyone be interested in a relatively...