Use VA Benefits to own a home When you take a look at mortgage options available to buy a new home, you will figure out that VA loans are a powerful option out there to consider. This is an exclusive...
The Benefits of a USDA home Loan The process of purchasing a new home is a challenge for most people out there. For example, we see how a lot of people struggle with making down payments. However, there are a...
Why it's better to Own than Rent When you want to get a new home, you will now have two different options to consider. Either you can buy a new home, or you can rent one. Out of these two...
Are you looking forward to spending your money to buy a new home? Then you might wonder whether now is the right time to do it or not. According to a recent study conducted by Fannie Mae, it was identified...
As fears about the coronavirus are reaching an all-time high, mortgage rates are reaching record lows. According to Mortgage News Daily, interest rates for standard 30-year fixed mortgages reached 3.33% as of Tuesday, the lowest in about eight...
Buying a home isn’t always as clear-cut as applying for a mortgage, getting approved, and moving in. In fact, it rarely is. If you have a unique financial situation, getting approved for a traditional Qualified Mortgage (QM) may be challenging....
Caps on loans from Fannie Mae and Freddie Mac, as well as those insured by the Federal Housing Administration (FHA), have been raised in 2020. According to the Federal Housing Finance Agency (FHFA), maximum conforming loan limits on single-family homes...
If you’ve been looking into buying a home, you may have been learning the hard way that having “good” credit is important to lenders. But what do you do if your credit isn’t so great? Read on to learn ways...
If you’re a first-time homebuyer, you might feel lost in a sea of mortgage-related jargon. Amortization. Escrow. Origination fees. There are so many terms, it can make your head spin. To help take the stress off, we’ve compiled a list...
Imagine: you pour all of your energy into applying for a loan, only to find that your mortgage application is rejected. Luckily, this frustrating hiccup can be easily avoided by working with a reputable mortgage broker. But it doesn’t hurt...