So what does the term Homestead Exemption mean and how does it apply to you? A homestead generally refers to one’s owned, primary residence, and is a protection of the value or a predetermined portion of the equity in your principal dwelling place from some creditors and/or forced sale of your home.
Help for Homeowners
Fannie Mae Broadens Access to Credit for Eligible Home Buyers
Fannie Mae Broadens Access to Credit for Eligible Home Buyers. Home Buyers have long been overburdened by the mortgage application process and simplification of the lending regulations is long overdue. There have been a few policy shifts recently that make the mortgage process smoother, and in my humble opinion fairer, for qualified and qualifiable home… Read More