If you have bought or sold a home in the past two years; if you payed any attention to the local and national real estate markets, you know that home prices are rising. To help people purchase safe, comfortable, quality housing while…
FHA loans are some of the most buyer-friendly mortgage options available. But like all loan products, there are certain types of buyers who will find these mortgages most attractive.
Here are eight buyers who should consider an FHA loan for their next purchase...
Top…
When considering a conventional loan in San Diego, you should understand this form of financing, including the advantages and disadvantages for these mortgages. This article will explain what a conventional loan is and how it is different from other types of mortgages.…
There is a myth that your investment-property downpayment must be 25%. But as we’ll show in this article, there are options for 15% down. We’ll also show how this seemingly-small difference can have a massive impact on your total downpayment.
Investment…
If you're an American veteran with an existing VA loan, you may be able to take advantage of lower interest rates and reduced monthly payments through a handy program officially called the Interest Rate Reduction Refinance Loan (IRRRL). A more common…
Mortgage research is an important part of the overall buying process. But where is the information, and what should you look for? This article hopes to guide you in the right direction.
An informed decision is a better decision. …
The FHA has adjusted its rules on a mortgage for self-employed professionals. This article outlines the changes and provides information on mortgages for the self-employed.
The coronavirus and the resulting economic slowdown has created a variety of changes in the real estate industry.…
There are dozens of choices for loans, and while many people will qualify for more than enough financing, each home loan product has limits. In most cases, these limits are put in place by government authorities. Even jumbo loans, which are by…
Buying a home is simultaneously the most exciting, confusing, and (potentially) frightening time in many people’s lives. The property you choose is not only going to be your home for many years, it’s far and away the largest purchase made by most…
For some borrowers, the lack of a downpayment is a significant challenge. For others, their income might keep them from being able to purchase a top-quality home in the neighborhood they prefer.
For some, their credit holds up the mortgage…
The downpayment is one of the biggest hurdles to homeownership.
So big, in fact, that is keeps many would-be borrowers from getting the home they deserve. This is understandable, as even a minimal downpayment can equal thousands of dollars. For…