Forget About Credit. Will Anyone Be Able to Save a Down Payment to Buy a House in The Future?

The Center for Responsible Lending has a very interesting publication out that addresses the proposed new regulation that will mandate a 20% down payment for a residential mortgage. The 20% proposal is ridiculous and you will not that it has nothing to do with if you have good or bad credit. The new proposed large … Read more

We Live in Section 8 Low Income Housing and Want to Buy a House. – Patrice

Patrice “Dear Steve, We live in a section 8 home and have five kids and with a partner we are going to get married and want to buy a home. My credit is messed up by 9000 dollars and his credit is messed up a little bit or he doesn’t have enough credit history. So … Read more