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 programs [...]
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 [...]
What does conditionally approved mean? When you receive conditional approval, it means you've met the initial requirements for your loan application. Nevertheless, there are specific additional conditions that must be satisfied before you can obtain full approval. The nature of [...]
Factory-built homes, such as manufactured, modular, and mobile homes, are gaining popularity. This is due to limited housing options and high home prices. Let’s delve into these housing alternatives, examining their advantages, drawbacks, and financing possibilities. Subscribe to our blog [...]
If you’re planning to purchase a home, then most likely you’ll incur some type of closing costs. Closing costs are the fees and expenses that are paid at the closing of a real estate transaction. While you create a plan for [...]
What is a credit check? A credit check, also referred to as a credit pull, is a formal request to access your credit report. Lenders, creditors, and authorized entities are the typical initiators of these credit checks. There are two primary [...]
Best Season to Buy A House Timing is crucial when it comes to buying a house. The real estate market fluctuates with the seasons, and understanding the advantages and disadvantages of each can significantly affect your homebuying journey. Keep reading [...]
Your mortgage interest rate is a big part of buying a home, and even a small change can affect how much you pay each month. Here's the deal: part of the mortgage process involves locking in the interest rate at [...]
