As lending guidelines become tighter for conventional financing, many borrowers are turning to what, until recently, was a very underused but phenomenal program, FHA financing. Established in 1934, the FHA has insured over 34 million properties since its birth. It is very highly regulated and…
Posts Tagged ‘ARM’
ARM is Not a Dirty Word
Posted by kmcdonald on August 5th, 2009
In the past two years, when it comes to finance, the word ARM has become the dirtiest three-letter word around. Horror stories saturate the media still, and unfortunately don’t paint an accurate picture what a great product this loan can be for many families.
What most…