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
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If you want to build your dream home but youre having a hard time meeting the requirements of a conventional loan, weve got good news for you. An FHA Construction loan provides you with more flexible lending requirements, giving moderate-income families the opportunity at custom-homeownership. Lets find out how an FHA Construction loan can help … Read more
Getting a new car is an exciting experience But financing that new car can be stressful, especially if you’re not familiar with how auto loans work. One of the biggest decisions you’ll need to make is whether to get a fixed or variable interest rate on your loan While fixed rate loans offer predictability variable … Read more
While there’s a lot to like about FHA loans, they may not be right for everyone. Before you make a major financial commitment, it’s important to understand the pros and cons of FHA loans. Only then can you truly decide whether it’s right for you. FHA loans make homebuying possible for many buyers who can’t … Read more
Buying a multi family home can be an excellent investment opportunity. With several units that can be rented out, you can generate rental income to help cover your mortgage payment. However, financing a multi family property requires more consideration than a single family home. In this comprehensive guide, we’ll cover everything you need to know … Read more
As subject matter experts, we provide only objective information. We design every article to provide you with deeply-researched, factual, useful information so that you can make informed home electrification and financial decisions. We have: We wont charge you anything to get quotes through our marketplace. Instead, installers and other service providers pay us a small … Read more
Getting an FHA loan can be a great way for buyers with limited resources or credit challenges to achieve homeownership. With an FHA loan, you only need a small down payment of 3.5% if your credit score is 580 or higher. But can you get multiple FHA loans? Let’s dive into the details. Overview of … Read more
Home improvements can greatly enhance the comfort, function and value of your home. However, these projects can be quite expensive. Financing your renovations with a home improvement loan allows you to pay for upgrades over time rather than all at once. But is the interest on these loans tax deductible? The short answer is no—for … Read more
Home equity loans let homeowners turn the equity – or ownership – in their home into cash. Unfortunately, the Department of Veterans Affairs does not offer a VA home equity loan. But, homeowners with an outstanding VA loan do have alternatives. As such, we’ll use this article to outline VA home equity loan options. Purchasing … Read more