USDA loan requirements are tailor-made for borrowers who don’t have the best credit or income. What is a USDA loan? It’s a loan designed for borrowers who want to purchase a rural property. This program is for applicants who struggle with low credit...
In the past, there were very few different ways that people could buy a home. The process was very specific. If you couldn’t meet the requirements, you simply had to wait to buy a home until you could meet the strict requirements for a mortgage. But today, there...
Most people prefer 30-year fixed-rate mortgages over any other options. Do these loans offer the best rates, though? As you start preparing to buy a house, you must work on is getting a home loan. You can get a loan through a mortgage lender or broker, but it’s...
Many people spend years dreaming of owning their own home, but feel it’s out of their grasp. Homes cost hundreds of thousands of dollars, but you can get a mortgage that allows you to borrow against the value of the home. There are many types of mortgage loans...
Homeownership is not for the faint of heart. Or the ill-prepared! According to the Federal Housing Finance Agency (FHFA), house prices increased to the tune of 11% between November 2019 and November 2020. By all accounts, it’s a seller’s market out there....
Are you considering a million-dollar dream home? If so, consider a jumbo loan to finance your luxury home. What is a jumbo loan? A jumbo loan is a mortgage with a higher borrowing limit than conforming loans. Jumbo loans can be fixed or variable loans. The states...
No doubt you have a good eye for property and you’ve got your next move squarely within the crosshairs. How exciting! However, a development coming from the blind side is that you’re not the only one with their eyes on this property. It seems there are...
It is no debate that you would want to have your own beautiful house sooner than later. It may be the education project holding you back or the car loan you are servicing that’s giving you sleepless nights and a hard time to go for the house. Worry not. There...
The average person moves 11.7 times in their life. You might move more or less than this number, and you might need a new mortgage for some of these moves. Getting a mortgage is a routine process when buying a home, but many people find the mortgage loan process...
Refinancing always saves money… Right? WRONG Only refinancing intelligently will save money. If you only refinance when rates are low then you’re not really playing the game. That’s bad. These refinancing tips should move you in the right direction....
