Victoria Belle-Miller

HECM counseling is a requirement that applicants must fulfill before they can take out a reverse mortgage. The purpose of this counseling session, which can be completed either face to face or over the phone, is to ensure that potential revere mortgage borrowers fully understand the requirements of the loan...

In a fluctuating housing market where interest rates are never guaranteed, VA loans offer low interest rates and other great benefits to qualified borrowers and homeowners. This type of financing is exclusively available to veterans and men and women who are members of the military. More individuals are realizing the...

Due to the devastating flooding in parts of Tennessee two weeks ago, the Federal Housing Administration (FHA) has stepped in to lend a hand to disaster victims who were impacted by the flooding and those who lost their homes. Because the FHA realizes that, due to the natural disaster, homeowners...

The popular news show 60 Minutes recently aired a news segment that brought to light a phenomenon that is, unfortunately, becoming increasingly more common. The number of homeowners who are purposely defaulting on their mortgages as a last resort to their financial crisis has increased from the previous year. Desperation...

EquityKey, a real estate investment company, is once again offering what some are calling an alternative to the HECM reverse mortgage. This product was originally offered in 2007, but after a loss of funding in 2008, the product could no longer be offered. Now the product is back, but is...

Often, when prospective home buyers are searching for a house, they do not consider looking into a condominium. A condominium can have many beneficial aspects that a homeowner may have never considered. If the prospective home buyer is a veteran or active duty service man or woman, he or she...

Many soon-to-be home buyers on the house hunt have to keep costs in mind when considering what type of home they are searching for. Some of these costs include monthly mortgage payments and the initial down payment. They also must decide what type of financing they will use. The type...

More homeowners ages 62 and older are starting to take advantage of the multiple benefits a reverse mortgage has to offer them, including the elimination of monthly mortgage payments and access to their home equity. Unfortunately, as these loans become a more popular form of financing, the ways in which...

There are many benefits available to veterans who have served this country. One of these benefits is access to housing through the VA loan program, which makes it easy for veterans to obtain affordable financing at competitive rates. There is also another benefit available specifically to older and disabled veterans...

Last month, FHA mortgages became increasingly popular, according to statistics released by the Department of Housing and Urban Development last week in the FHA Outlook Report. In March, there was a 68% increase from the previous month in the number of FHA mortgage applications, with 246,406 applicants applying for this...