From the category archives:

Mortgage Information

7 Tips for Improving Your Credit

by LiveInWichita.com June 25, 2010

Article From BuyAndSell.HouseLogic.com
By: G. M. Filisko
Published: February 25, 2010
Here’s how to clean up your credit so you get the least-expensive home loan possible.
Getting the loan that suits your situation at the best possible price and terms makes homebuying easier and more affordable. Here are seven ways to boost your credit score so you can do [...]

Read the full article →

$8000/$6500 Tax Credits Still Available for Active Military

by Lynette May 10, 2010

Men/Women in active military have a one year extension of the $8000 first time buyer tax credit and the $6500 tax credit for repeat buyers.
If you were on active duty for 90 days or more, outside of the U.S., during the time period of 12/31/08 to 5/1/2010, then they you are eligible for [...]

Read the full article →

Improving Your FICO® Credit Score

by LiveInWichita.com April 12, 2010

It’s important to note that raising your FICO® credit score is a bit like losing weight: It takes time and there is no quick fix. In fact, quick-fix efforts can backfire. The best advice is to manage credit responsibly over time.
Payment History Tips
• Pay your bills on time. Delinquent payments and collections can have a major [...]

Read the full article →

Guaranteed Rural Development Loans are Ending

by LiveInWichita.com March 12, 2010

I received this message this morning from one of the Wichita mortgage lenders that I deal with on a regular basis. Rural Development loans are 100% loans for low-income families. These loans have income, purchase price and area limitations. These are the areas in and around Sedgwick County that usually qualify for a [...]

Read the full article →

FHA Changes Coming Soon, Apply Now

by LiveInWichita.com March 11, 2010

Those Who Wait Will Pay Thousands More This Spring

Waiting a few extra days or weeks to purchase a home this spring could cost buyers thousands of extra dollars as the office of Housing and Urban Development (HUD) implements several changes for loans guaranteed by the Federal Housing Authority (FHA).
Coming just weeks before the April [...]

Read the full article →

FHA loans for houses that need renovation

by Lynette Chapman August 18, 2009

I ran across this article today about FHA rehab loans. This is a great program available for buyers who want to buy a ‘fixer upper’ and don’t have a lot of cash. The down payment is only 3.5% . With this program you can finance repairs that need to be done on your new Wichita [...]

Read the full article →

Know your rights when applying for a mortgage

by Lynette Chapman August 13, 2009

Equal Credit Opportunity Act (ECOA) – How it Can Help You
Those who apply for mortgage loans are not totally in the mercy of the creditors. One of the laws that protect borrowers is the Equal Credit Opportunity Act (ECOA). If you are planning on purchasing a home in Wichita anytime soon, you might want to [...]

Read the full article →

Quick Home Search
Untitled