Bella Mertz This type of financing can put mobile home ownership within reach for many Part of the Series Federal Housing Administration (FHA) Loans Understanding FHA Loans Despite the relatively modest cost of a manufactured home (commonly referred to as a mobile home), it can be harder to qualify for a mortgage for one of these dwellings … Read more
We are an independent, advertising-supported comparison service. Our goal is to help you make smarter financial decisions by providing you with interactive tools and financial calculators, publishing original and objective content, by enabling you to conduct research and compare information for free – so that you can make financial decisions with confidence. Bankrate has partnerships … Read more
If you’re planning to build a new home in Virginia, securing financing should be one of your top priorities Construction loans allow you to finance the building of your custom dream home, while offering flexibility not found with traditional mortgages Just like with any loan interest rates are a major factor when selecting a construction … Read more
If you’re looking to buy a home in a high-cost area, you may run into issues with conforming loan limits. Luckily, high balance conforming loans provide higher lending limits so you can still qualify for a conventional loan A high balance conforming loan is a type of conventional loan that allows for loan amounts between … Read more
The FHA loan program allows homebuyers to purchase a home with as little as 3.5% down and flexible credit requirements. This makes FHA loans ideal for first-time homebuyers and buyers with less-than-perfect credit. But can you have more than one FHA loan at the same time? The short answer is no, with a few exceptions … Read more
The USDA farm loan calculator is an invaluable online tool for farmers looking to secure financing. With agriculture being a capital-intensive industry, farmers must carefully evaluate financing options to acquire land, equipment, livestock, and operating expenses The USDA farm loan calculator allows farmers to estimate payments on various USDA direct and guaranteed loan programs. Read … Read more
Construction to permanent loans, also known as one-time close or single close loans, allow you to finance the construction of a new home and convert it into a permanent mortgage once construction is complete – all with one loan and one closing. This streamlined process helps save time and money compared to obtaining separate construction … Read more
New Survey Data from Embold Research, Sponsored by SoFi, Shows Federal Student Loan Borrower Confusion and Misconceptions Around Resumed Payments Renovating your home can be an exciting project that adds value and improves your quality of life However, major renovations often require more funds than a typical homeowner has on hand This is where construction … Read more
Buying a home is an exciting milestone in life but securing financing can be a daunting process. As you navigate the mortgage market, you’ll likely encounter two main options – jumbo and conventional loans. Both offer advantages and drawbacks depending on your specific situation. This comprehensive guide breaks down the key differences between jumbo and … Read more
California’s housing market is one of the most expensive in the nation, with median home prices well over $700,000 in many counties. This means that many homebuyers need jumbo loans to finance home purchases. However, conforming loans still play an important role in California’s real estate landscape. This article provides an in-depth look at conforming … Read more