Bella Mertz If you are ready to purchase your first home with an FHA loan in San Diego, you could not have picked a more exciting city to move to. Here you can enjoy sunshine and warm weather all year round. You can hike in the mountains one day and go surfing the next. As you might … Read more
An FHA construction loan allows you to finance the building or renovating of your dream home. With an FHA-insured mortgage, you can qualify with a low down payment and credit scores as low as 500. However, FHA construction loans come with more requirements compared to a regular FHA loan. In this comprehensive guide we’ll explain … Read more
Fannie Mae and Freddie Mac are restricted by law to purchasing single-family mortgages with origination balances below a specific amount, known as the “conforming loan limit” (CLL) value. Loans above this amount are known as jumbo loans. The national conforming loan limit value for mortgages that finance single-family one-unit properties increased from $33,000 in the … Read more
USDA PMI is a misnomer, as private mortgage insurance is unique to conventional loans. But USDA loans require their own version of mortgage insurance. Find out how much you might pay. Do you want to buy a home but worry about coming up with a down payment? A USDA loan can ride to the rescue, … Read more
Purchasing a home is one of the most exciting yet stressful undertakings in life. As a veteran, you want to ensure you find a property that suits your needs and qualifies for VA loan benefits. VA loans help eligible veterans, active-duty service members, and surviving spouses achieve the dream of homeownership. When applying for a … Read more
If you have a VA loan and are wondering how to get equity out of your home, you’re in luck: you can use a home equity loan, home equity line of credit (HELOC) or VA cash-out refinance. All of these options will put cash in your pocket that you can use for anything you choose. … Read more
MFS are a bridging loan and buy-to-let mortgage provider, not financial advisors. Therefore, Investors are encouraged to seek professional advice. The information in this content is correct at time of writing. After serval years in the industry, one common question we hear a lot is – how much does a bridging loan cost? Whilst this … Read more
Whether youre a first-time homebuyer, moving to a new home, or want to refinance your existing conventional or FHA mortgage, the FHA loan program will let you purchase a home with a low down payment and flexible guidelines.580 Credit Score- and only -3.5% Down RELATED ARTICLES FHA loan limits were established to define how much … Read more
Becoming a mortgage loan officer in Texas can be an extremely rewarding career path, Loan officers play a vital role in helping homebuyers achieve the dream of homeownership They get to guide buyers through one of life’s biggest financial decisions – taking out a mortgage In Texas, loan officers earn an average salary of around … Read more
Purchasing a home can be challenging for anyone but for those with disabilities it can seem nearly impossible. Fortunately, FHA loans offer a viable path to homeownership for disabled individuals. With low down payments, flexible credit requirements, and even grants to adapt homes, FHA mortgages help those with disabilities achieve the dream of owning their … Read more