Buying a home is an exciting milestone in life. However, the process can also be daunting, especially when it comes to securing financing. Two popular mortgage options for homebuyers are VA and FHA loans. These government-backed loans offer more flexible eligibility requirements than conventional mortgages, making homeownership more accessible. If you’re considering a VA or … 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. Buying a home is an exciting milestone in life. However, … Read more
The Complete Guide to Getting an FHA Loan for a 4-Plex Buying a 4-plex with an FHA loan can be a great way to get started in real estate investing. With an FHA loan, you only need a 3.5% down payment to purchase a 4-unit property. This allows you to get into a larger investment … Read more
Buying a mobile home along with the land to put it on can be an affordable way to become a homeowner. However, financing the purchase requires some special considerations compared to buying a traditional house and land. In this comprehensive guide, we’ll walk you through everything you need to know about getting a loan for … Read more
Building a home can be expensive. And taking out both a construction loan and primary mortgage to finance this can be challenging. Fortunately, a USDA construction loan can help with both problems. These loans require no down payment, and youâll only need to close one loan to finance both the construction of your residence and … Read more
VA Loan Modification Guidelines 2023 Everything You Need to Know The VA loan program offers a helpful solution for borrowers facing financial hardship – loan modifications. VA loan modifications allow borrowers to adjust their loan terms to make their monthly payments more affordable. With the COVID-19 pandemic causing widespread economic disruption, VA has implemented special … Read more
The VA loan represents one of the greatest financial benefits available to veterans. Most veterans purchase their first homes with one of these mortgages. However, certain situations exist where a conventional loan makes more sense for veteran borrowers. As such, we’ll use this article to explain how to refinance a VA loan to conventional. Refinancing … Read more
Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on our website or click to take an action on their website. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and … Read more
Land loans can help you buy property without any structures on it, especially when you don’t have immediate plans to build on the land. Whether you’re planning to build your dream house someday or buying a new location for your business, you might need a land loan to make it happen. We’ll go over the … Read more
Payday loans allow borrowers to get quick cash in emergency situations. While payday loans are easy to obtain, they come with very high interest rates and fees. That’s why it’s important to only use them as a last resort. In this article, we’ll explore the top 8 same day payday loan lenders and what makes … Read more