Recent Blog Posts
Ready to double your home ownership game? Discover how FHA loans turn rental income into your secret weapon for qualifying for a duplex. Get the lowdown on flexible guidelines, landlord perks, and downsides—with a dash of humor to keep things lively. Who knew becoming a savvy duplex owner could be as fun as it is smart?
We take a look at FHA and VA loans, revealing the differences and why one mortgage loan might be a better choice for you than the other.
If you are using an FHA loan, they allow gift funds to make it easier to be approved for the mortgage. This money could be the difference between buying your home this year or having to wait until you have built up your savings.
Buying a home while in the middle of a divorce takes a bit more preparation and understanding compared to other types of home purchases. The following information should help people that are in the midst of a divorce and wishing to buy another home.
If your situation doesn’t fit the standard expected by lenders, you could find it more difficult to qualify for the home loan you want. But there could be other options that will make financing your home purchase easier.
Weighing up the pros and cons will better help you understand whether your unique financial situation best suits an FHA loan.
Before you consider buying a condo, it is important to find out if the condo has been approved by Fannie Mae or Freddie Mac, if you are going to use a conventional loan. If you are using a government-insured loan from the FHA, VA, or USDA, the condo project has to be approved by their requirements.
The option of using a non-occupying co-borrower on FHA, Fannie Mae or Freddie Mac mortgage loan opens up homeownership to more borrowers. These are often first-time home buyers who wouldn't otherwise be able to qualify so soon.
For the right borrower, a WHEDA mortgage can be an excellent way to before a homeowner. Take a look at the following pros and cons of the WHEDA loan!0
