Can I Have 2 FHA Loans in Different States?

Are you a borrower with a low credit score or an aspiring first-time home buyer who can’t afford to make a large down payment? If so, a Federal Housing Administration (FHA) loan may help you on the path to homeownership. FHA loans are a popular type of home loan that requires a 580 FICO® Score … Read more

How to Qualify for an FHA Home Loan After Bankruptcy

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

What Documents Are Needed for a Home Equity Loan? A Complete Guide

Getting approved for a home equity loan allows homeowners to tap into the equity they have built up in their home. This type of financing can be useful for consolidating high-interest debt, funding home improvements, or covering major expenses. However, being approved requires submitting an application and meeting eligibility criteria set by lenders. One key … Read more

Do Mortgage Loan Officers Get Paid Commission?

If you’re shopping for a mortgage, you may be wondering – do mortgage loan officers get paid commission? Understanding how loan officers are compensated can help you make a more informed decision when choosing a lender. The short answer is yes – most loan officers do earn commission as a major part of their overall … Read more