Buying a manufactured home can be an affordable way to own your own property. With modern construction techniques, manufactured homes offer many of the amenities of traditional site-built homes at a fraction of the price. But finding financing for a manufactured home can be tricky. That’s where using an online manufactured home loan calculator comes … Read more
The Federal Housing Administration’s (FHA) mortgage insurance program makes it easier for buyers with lower credit scores or limited funds saved for a down payment to qualify for a home loan. FHA loans only require a 3.5% down payment if your credit score is 580 or higher. But if you already have an FHA loan … Read more
If you’re a military borrower, getting approved for a VA loan with bad credit is possible, regardless of any blemishes in your financial history. The U.S. Department of Veterans Affairs (VA) will even guarantee mortgages for veterans who have overcome a previous bankruptcy or foreclosure. Getting a mortgage can be difficult for anyone but it … Read more
Are you on the hunt for a Section 8 Housing Choice Voucher, but donât know where to start looking? Well, youâve come to the right place! You may think Section 8 is only a rental assistance program, but the Section 8 Homeownership Program can also help you buy a home and start building equity that … Read more
Moving away from the city life’s hustle and bustle to build a custom home on acreage is a dream many share. Buy land, build a house, live happily ever after. While the concept is simple, the process can be daunting. We’d like to give you an overview of what it takes to make this dream … Read more
Buying a home is an exciting milestone in life. However for many people living in rural North Carolina, high home prices and stringent mortgage requirements can make homeownership seem out of reach. This is where USDA Rural Development can help. Through their Single Family Housing Direct Home Loan program, they provide affordable home loans to … Read more
Small mortgage loans, which are for any dollar amount less than $100,000, can be hard to come by. Still, it’s possible to qualify for one. We’ll walk you through what defines a small mortgage loan, how to find one and why it can be difficult to secure one. We’ve also compiled a list of alternatives … Read more
Want a home outside the city limits? Make it happen with a home loan from the USDA (United States Department of Agriculture). Designed for homeowners in small towns and rural communities, you can enjoy a $0 down payment and the ability to finance up to 100% of the purchase price with a USDA home loan. … Read more
If you’re a military borrower, getting approved for a VA loan with bad credit is possible, regardless of any blemishes in your financial history. The U.S. Department of Veterans Affairs (VA) will even guarantee mortgages for veterans who have overcome a previous bankruptcy or foreclosure. Getting approved for a VA loan when you have bad … Read more
Construction loans and permanent financing are two common options for funding a new home build or major renovation project. While they share some similarities, there are key differences buyers should understand when weighing the pros and cons of each. This comprehensive guide examines how construction loans and permanent financing work, who they best serve, and … Read more