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What Does It Take To Secure A Mortgage on A Second Home?

WASHINGTON, D.C. - September 24, 2013 - (RealEstateRama) -- Since the credit collapse of 2008, securing a mortgage – even for a first home – has become more difficult, even for extremely well qualified buyers. The most important thing to consider is whether or not your second home is an investment property or truly a “second home.”

Recent Gov & Nonprofit Real Estate Press Releases

Gooden Seeks Transparency in Kaufman County Housing Policies

Congressman Lance Gooden sent a letter to the Dallas Housing Authority requesting answers and greater transparency regarding housing placement trends and neighborhood concentration concerns in Kaufman County. The letter responds to concerns raised by homeowners in the Gateway Parks subdivision in Forney about Housing Choice Vouchers and federal housing policies contributing to increased institutional investor ownership and neighborhood instability