Month: March 18, 2013

Understanding the FHA in Coral Springs, FL

If you attended any sort of United States history class while in high school, then you’ve probably heard of the New Deal. A collection of executive orders enacted between 1933 and 1936, the New Deal was President Franklin Delano Roosevelt’s panacea for the Great Depression. The New Deal was known for creating many government programs and new agencies which are still in effect today. Social Security was one of the biggest programs along with the Federal Deposit Insurance Corporation (FDIC). One aspect of the New Deal which is often forgotten is that the National Housing Act of 1934 created a vital government agency still in effect today, the Federal Housing Administration. The purpose of the FHA was to insure loans given by banks and other lenders to homebuyers. It also…

Prospective Homebuyers Guide to Purchasing in 2013

  Everybody needs a place to live, right? For those looking to make their first home purchase in Coral Springs, FL, there is a whole lot that needs to be considered before you even start looking for a home. Buying a home is without a doubt one of the most expensive investments a person can make. With homes costing considerably more than they did in the past, particularly in certain areas of the country, many people go to a mortgage lender like Ace Mortgage Loan Corp. right away for help with the whole process. For those looking to buy a house, here are a few tips to get you started in the right direction. The first thing to do is a complete analysis of your own personal finances. You’ll need…

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