Tag: FHA

  • That’s a “Yes” in Our Back Yard: New Federal Law Cuts Builders’ Red Tape

    That’s a “Yes” in Our Back Yard: New Federal Law Cuts Builders’ Red Tape

    —

    by

    Deeds.com
    in

    The 21st Century ROAD to Housing Act is now the law. It’s winning praise for cutting red tape. And its $200 million innovation fund, while not exactly huge and yet to be funded, could stimulate local governments to ease their burdensome and restrictive rules. The new federal law speeds up reviews, updates borrowing rules, and…

  • Buying a Home on Disability: What to Know

    Buying a Home on Disability: What to Know

    —

    by

    Deeds.com
    in

    For all hopeful buyers, whether or not they have disabilities, getting a mortgage comes down to a rather simple formula. It’s about how much a loan applicant spends, versus the applicant’s stable income. And yes, stable income includes disability benefits such as Social Security Disability Insurance (SSDI) and Supplemental Security Insurance (SSI). Disability income might…