Lending institutions create programs to help homebuyers feel more confident

Search news

Lending institutions create programs to help homebuyers feel more confident

April 30, 2010 - Although experts say that the real estate market is beginning to show signs of recovery, some prospective homebuyers are still overwhelmed by the purchasing process. Consequently, many home loan providers are launching programs to help these individuals feel more comfortable as they look for a new place to live.

For example, Bank of America recently announced the availability of a web-based home loan guide that is intended to give consumers an overview of the homebuying process. Although the lender has provided similar services through its website for the past year, bank officials recently revised the online guide to cater to today's buyers.

The new website includes interactive tools, calculators and worksheets to help those who are considering a move to determine what they can comfortably afford. These devices aim to help buyers find out if they are ready for homeownership, set a budget, understand their credit scores, save for a new home, choose the right loan and effectively complete the loan application process.

Todd Dal Porto, an executive for the bank's Home Loans Enterprise Sales department, said that these tools can "empower homebuyers to make decisions that are right for them."

Recent Articles

Actor Hayden Christensen selling Studio City pad

Star Wars fans may be surprised to hear Anakin Skywalker, also known as actor Hayden Christensen, may be calling for a moving company and selling his house in Studio City.

Friday, October 05 2012 15:15

Former pro baseball player Reggie Sanders selling SC beach house

Reggie Sanders list of properties is almost as extensive as his list of teams, however, he appears to be unloading homes across the country.

Thursday, October 04 2012 13:25

Hollywood couple John Krasinski and Emily Blunt buy in LA

Celebrity news sites report actor John Krasinski and actress Emily Blunt may be comparing prices of moving companies around Los Angeles, as they have purchased a home in the affluent city of Ojai.

Wednesday, October 03 2012 13:25

Tips for prepping to move cross-country

When relocating across the country, those moving may need to take some extra steps for a more successful relocation.

Wednesday, October 03 2012 13:24

Singer Sheryl Crow moving out of Hollywood Hills home

The Grammy-winning singer Sheryl Crow has been buying and selling homes throughout the country, as she currently owns a waterfront home in Florida and recently purchased a large ranch-style home in Nashville, Tennessee, just last year.

Wednesday, October 03 2012 13:22

Related Categories

Homes for Sale News

Former pro baseball player Reggie Sanders selling SC beach house
Reggie Sanders list of properties is almost as extensive as his list of teams, however, he appears to be unloading homes across the country.

Thursday, October 04 2012 13:25

Former CA home of comedian Phyllis Diller up for sale
Celebrity news sites report the longtime estate of the late Phyllis Diller is ready for buyers, as it has appeared on the market with a $12.9 million asking price.

Friday, September 28 2012 17:54

Actress Reese Witherspoon selling California home
Celebrity real estate sites report that Reese Witherspoon may be moving boxes out of the ranch actor Rob Pattinson recently retreated to as it has appeared on the market for sale.

Tuesday, September 18 2012 16:43

MLB player Ryan Madson moving out of California home
After recently finding out that MLB pitcher Ryan Madson is out for the season due to an injury, fans may be surprised to hear he has also listed his home in Ladera Ranch, California, for sale.

Thursday, May 03 2012 15:27

Former Jaguars owner moving out of Jacksonville mansion
The National Association of Realtors reports that after selling his NFL team, former Jacksonville Jaguars owner Wayne Weaver has listed his home in Jacksonville, Florida, for sale.

Monday, April 30 2012 17:04

1 Week Before Your Move

Apartment Decorating Tips: Cheap Ways to Spruce Up Your Pad

10 Questions to Ask Before Hiring a Cleaning Service

Auto Insurance: What You Need to Know

After the Offer: What You Should Ask Yourself

Relocation.com
In the Press

A Moving Company's Moving Story
June, 2012

Relocation.com's survey was recently featured on the front page of USA Today. The headline entitled "Moving in Hard Times" highlighted our results that moving and relocating behaviors were only moderately influenced by the economy.

Our lifestyle survey found that Americans are seeking smaller homes and a suburban lifestyle. These riveting results were recently featured on USAToday.com in an article entitled "American dream shrinks as smaller homes gain favor."

"This user-friendly site includes a blog and a subscription-only newsletter, too"

"Relocation.com provides you with all the tools you need to get quotes quickly from movers in your area."

The more you know, the better your move will go. Check out helpful articles by our pros.