Bella Mertz Getting an FHA loan can be a great way for many borrowers to achieve homeownership. With low down payments and flexible credit requirements FHA loans open the door to buying a home for those who may not qualify for other types of mortgages. But what if you already have an FHA loan and want to … Read more
Next to a home, your car may probably be one of the most expensive purchases youll make in your lifetime. And if youre like most people, youll change vehicles a few times in your lifetime. But lets face it, most of us dont have the money to pay for a car or truck outright, which … Read more
A USDA Rural Development loan, commonly referred to as a “USDA loan” or “RD Loan”, will allow you to buy a home with no down payment. Yes 100 percent financing loans still exist, however, few people know about the benefits. The USDA zero down home loan may be the right solution for your next home … Read more
U.S. Department of Agriculture (USDA) Guaranteed Rural Loans are creating homeownership opportunities throughout USDA eligible areas in Virginia. Unlike most loan programs, the USDA Loan doesn’t require a down payment. And when the seller pays the buyers closing costs, the buyers cash-to-close is minimal. Best of all, the USDA Loan program is available for first-time … Read more
How to Become a Mortgage Loan Underwriter: The Complete Guide Have you ever wondered what it takes to become a mortgage loan underwriter? This in-depth guide will walk you through everything you need to know to start a successful career in mortgage underwriting As a mortgage underwriter, you play a critical role in the homebuying … Read more
For rural homebuyers in Massachusetts, USDA home loans can be an excellent option for affordable financing. However, these government-backed mortgages do come with certain eligibility requirements. In this comprehensive guide, we’ll outline everything you need to know about qualifying for a USDA loan in Massachusetts Overview of USDA Loans USDA loans, also referred to as … Read more
An FHA loan is a type of mortgage that is backed by the federal government. It can help buyers with limited cash reserves and lower credit scores achieve the dream of homeownership. If you have an existing FHA loan, you may wonder if you can get a second FHA loan to buy a new home. … 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
How do you find a lender when you’re purchasing a manufactured home? Learn more with our guide on everything from helping you figure out what loan types may fit your needs to steps for choosing a lender. The home buying process can be intimidating for anyone, especially first-time home buyers. Part of having a good … Read more
FHA and VA loans are both popular choices for homebuyers, but which one is right for you? It all comes down to your unique financial circumstances. Each mortgage type has benefits and features unique to the program. FHA loans, insured by the Federal Housing Administration, are accessible to the general public. In contrast, VA loans … Read more