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. An FHA loan can be an excellent mortgage option for … Read more
Private mortgage insurance (PMI) is a necessary evil for many homebuyers While it allows you to buy a home with less than 20% down, it also adds to your monthly payments So naturally, most buyers want to get rid of PMI as soon as possible. But what if you have an FHA loan? Can you … Read more
Sunstone Credit provides flexible financing solutions for businesses of all sizes, offering commercial solar loans with borrower-friendly terms and an efficient application process Solar energy has seen massive growth in recent years as homeowners look for ways to save money on electricity costs and help the environment With installation prices dropping, solar loans have become … Read more
Having excellent credit makes it significantly easier to get approved for loans and credit cards—and with the best rates and terms. But creditors consider a number of factors that arent part of your credit rating when determining whether or not youre eligible. Even if your credit is stellar, a lender may find issues that lead … Read more
Short sales can be a good option for buyers looking to purchase a home at a lower price. Sellers of these homes are highly motivated and are often willing to cut a deal to sell the property quickly. While it is possible to buy a short-sale home with a VA loan, certain requirements must be … Read more
Are you looking for a home and looking to save on closing costs where you can? If you qualify, VA loans are a wonderful benefit for our nationâs eligible servicemembers, veterans and qualifying surviving spouses. Among the major plusses are the competitive rates and that itâs one of the few mortgage options that allows you … Read more
Getting an FHA construction loan can be a great way to build your dream home from the ground up With an FHA construction loan, you can finance the land purchase, construction costs, and permanent mortgage all in one loan. This saves you time and money compared to using separate construction and mortgage loans However, not … Read more
USDA home loans are an attractive option for homebuyers in rural parts of Maine With low interest rates, no down payment, and relaxed credit requirements, USDA loans help make homeownership attainable for many Maine families In this comprehensive guide, we’ll explain everything you need to know about getting a USDA home loan in Maine. What … Read more
Tiny homes have become popular in recent years because they’re less expensive, easy to maintain, and more eco-friendly than traditional housing. However, securing financing to build a tiny home can be challenging, especially if you want to use a VA mortgage loan. Below, we’ve provided some useful information for veterans and military members about buying … Read more
Getting an FHA loan to finance your home purchase can be an exciting yet stressful process. As a first-time homebuyer you likely have a lot of questions about the timeline – how long does it take to get approved? When will I get the keys? This comprehensive guide breaks down the typical FHA loan timeline … Read more