A federal judge on Nov. 9 sentenced three men to prison for participating in a real estate scheme where they lied on loan and credit applications in order to buy 14 properties across Northern California. One defendant reportedly bought five houses, including one in Elk Grove. “All of these homes were ultimately either foreclosed upon or sold in a short sale,” the U.S. Attorney’s Office reported in a press […]
The Camp Fire, which has Northern California up in flames, is putting an estimated 31,394 homes, with a total reconstruction cost value of about $7.3 billion, at high or extreme risk as of Nov. 11. Southern California’s Woolsey Fire, affecting areas from Thousand Oaks to Malibu, is putting 16,996 homes […]
At NerdWallet, we adhere to strict standards of editorial integrity to help you make decisions with confidence. Many or all of the products featured here are from our partners. Here’s how we make money . Nicole Christianson, a 26-year-old sales rep, was tired of writing big checks for tiny apartments. […]
Does FHA have income limits? FHA loan income limits should not worry any borrower. Unlike some mortgage programs, the FHA mortgage program has no income ceiling. If you want an FHA-backed mortgage and you’re named in the wills of the rich and famous that’s okay, you’re welcome to apply. But the […]
