Section 8 home loans can be an excellent option for low-income families looking to purchase their first home. The Section 8 Housing Choice Voucher homeownership program allows voucher holders to use their rental assistance towards a mortgage payment. With some planning and preparation, Section 8 voucher holders may be able to transition from renting to … Read more
Rural development loans from the USDA are an affordable mortgage option for low- to moderate-income homebuyers in less populated parts of Florida. With no down payment and low interest rates, a USDA loan can help make owning a home in rural Florida attainable. In this comprehensive guide I’ll explain everything you need to know about … Read more
Buying a home is an exciting milestone, but it also requires careful planning and budgeting. This is especially true for military servicemembers and veterans using VA loans. While VA loans offer great benefits like no down payment and flexible credit requirements, you still need to make sure the monthly payments fit comfortably within your budget. … Read more
Many people wonder if they can use an FHA loan to get their feet wet as a landlord, earn rental income, reduce primary residence expenses, and start investing in real estate. FHA loans allow you to buy a duplex, triplex, or four-plex (2-4 unit) property as long as you live in one unit. You can … Read more
Buying a home is an exciting milestone, but it can also be challenging, especially when finances are tight That’s why USDA home loans are such a great option for many folks in Utah These government-backed loans make homeownership possible even with low income or imperfect credit. As someone who just bought my first home in … Read more
Federal Housing Administration loans, or FHA loans for short, are government-backed loans overseen by the U.S. Department of Housing and Urban Development (HUD). FHA loans are available to borrowers with a less-than-ideal credit score and not a lot of cash on hand, and these loans give home buyers on a tight budget a chance to … Read more
When you hear United States Department of Agriculture or USDA, you might think about cows, chickens, or farming. However, the USDA is much more than farming and food safety. They are involved in rural development across America. One way they achieve this is through offering USDA loans. Getting a home loan through the USDA can … Read more
If you’re looking to purchase a single-family home in Georgia, you could borrow up to $498,257 with an FHA loan in most counties. In some higher-cost counties, you could borrow as much as $649,750, as long as you meet minimum down payment and credit score requirements. Here’s what you need to know on how to … Read more
Manufactured and modular housing are popular options for Arizona residents who are seeking affordable and convenient housing. Also sometimes called mobile homes, manufactured homes are affordable and quick to finance. Modular housing, which is factory-built, is assembled on a foundation or slab. Financing manufactured and modular housing isnt like getting a traditional mortgage, but many … 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