If you are looking to buy a place but do not want the maintenance of a house, then you might want to consider a condominium. FHA approved condos make it possible to buy a unit, or multiple units, in a condominium [...]
What is a Non QM loan? Non QM loans (nonqualifying Mortgage) are loans that don't adhere to the standards set by the federal government and the Consumer Financial Protection Bureau. These loans are tailored for those who don't meet traditional [...]
If you are thinking about purchasing a home, the first step in the process is getting pre approved. A mortgage loan pre approval will help you understand how much house you can afford and will differentiate you from other home [...]
Delaware First Time Home Buyer Programs Are you planning to buy a home in Delaware? If you are a first time homebuyer, there are several down payment assistance programs available that could make financing more affordable for you. These programs [...]
Just like it sounds, jumbo loans are just bigger loans. Jumbo loans can be used to purchase a home worth more than the conforming loan limit set yearly by the Federal Housing Finance Agency (FHFA). Commonly referred to as a non-conforming loan, jumbo loans [...]
What does refinance mean? Refinancing a mortgage is the process of replacing your current home loan with a new one, usually to obtain more preferable conditions. The new mortgage often comes with a different interest rate, loan term, or both, [...]
What is a conforming loan? Conforming loans comply with the terms and funding criteria of Fannie Mae and Freddie Mac. Conforming loans typically have lower interest rates and are a great option for borrowers with excellent credit! Subscribe to our [...]
What is a mortgage loan? Are you considering purchasing a home? A mortgage loan is a financial tool that can make your dream of homeownership a reality. With government mortgage loans and government home loans, you have access to various [...]
First Time Homebuyer Nevada Down Payment Assistance Buying a home is a major financial milestone, which could be challenging to save up for a down payment. Fortunately, if you're a homebuyer in Nevada, there are several down payment assistance programs available [...]
Adjustable rate mortgages (ARMs) are gaining popularity among homeowners due to their unique blend of affordability and flexibility. While adjustable rate mortgages (ARMs) might work for some borrowers, it's essential to grasp the risks tied to them before determining if [...]
