FHA loans are designed to benefit first-time homebuyers and buyers with less than perfect credit and not a lot of money to put down. FHA loan limits vary by county. Click here to see the loan limits in your area.
Conventional mortgages are ideal for buyers with good credit and money to put down. They typically require a higher down payment, usually 5%–20% and also have higher income and credit score requirements than government loans. Typical fixed-rate loans have a term of 30 or 15 years.
FHA loans are designed to benefit first-time homebuyers and buyers with less than perfect credit and not a lot of money to put down. FHA loan limits vary by county. Click here to see the loan limits in your area.
If you are a veteran or a current member of the U.S. military, you can apply for a VA Loan, which currently offers up to 100% home financing. Thank you for your service!
Once you’ve found the right home and applied for a mortgage, there are some key things to keep in mind before you close. You’re undoubtedly excited about the opportunity to decorate your new place, but before you make any large purchases, move your money around, or make any major life changes, consult your lender – […]
Second home, investment property, vacation home, rental property…..Is there any real difference among them? There are actually some very big differences between second homes and investment properties, especially if you are obtaining financing for one. Second Home A second home is just that: a second property where you and your family spend time, away from […]
Greeting cards, romantic dates, flowers, and chocolates are the gold standard for Valentine’s Day. But this year, why not do something different? The best Valentine’s Day gifts are those that can be enjoyed for years. DIY or home improvement projects create lasting memories reflective of a special bond between people. It’s less about the actual […]