First Time Home Buyer Guide: Programs and Requirements People looking to purchase their first home usually have a wide range of home loans to choose from. We are happy to offer multiple types of first time home buyer programs that should fit almost every potential need. We offer many First Time Home Buyer programs including: Government […]
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FHA Loan vs Conventional Mortgage: What’s The Difference
The following will compare an FHA loan vs Conventional mortgage, not to show that one is better than the other, but to highlight the strengths of each mortgage.
Mortgage Insurance: What Exactly Is It And How Does It Help Borrowers?
The title seems misleading, right? Every mortgage lender goes to great lengths to explain to real estate agents and borrowers how mortgage insurance is necessary, how to calculate the amounts and when the mortgage insurance will likely fall off the mortgage. However, how does PMI benefit the actual home buyer?
How To Buy A Home With No Money Down
Learn how to buy a home with no money down including information on FHA, VA, USDA, conventional programs and state specific loans!
VA Guidelines Every Veteran Should Know
Nearly all of these VA guidelines and rules will apply to a VA mortgage whether it is a purchase transaction or a refinance loan.
FHA Mortgage Insurance
If you use an FHA (Federal Housing Administration) loan to buy your home, you will have to pay mortgage insurance. Mortgage insurance premiums (MIP) exist to protect lenders when FHA borrowers default on a loan. While home buyers like FHA loans, thanks to their more flexible requirements, the idea of mortgage insurance is an unwelcome extra […]
FHA Reverse Mortgage Loans
With the Baby Boomer generation getting older, many people who have lived at the same home for 20+ years are realizing a very important fact; you can’t eat equity. People who have spent years maintaining and updating their homes are in a position where they have a large amount of equity in their property. But […]
Should I Refinance My Mortgage?
When mortgage rates drop, current homeowners are faced with the big question “Should I refinance my mortgage?” Learn the top reasons to refinance your home!
Jumbo Mortgage Myths That Are Holding You Back
Many misconceptions exist about the process of acquiring a jumbo mortgage loan. Thanks to the improving luxury housing market, jumbo loans have made a rebound. This article discusses the top 5 jumbo mortgage myths and why they are wrong.
VA Mortgage
VA Mortgage Requirements and Guidelines: A Detailed Look In 1944 the United States Congress introduced the bill that paved the way for the Veterans Administration (also called VA) to officially offer the VA mortgage to veterans. While there have been a few changes and improvements to the lending rules over time, the main intent remains […]