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.
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First Time Home Buyer
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 […]
The Differences Between FHA, VA, and USDA Mortgages
We look at FHA, VA, and USDA, which are the three main government-insured loan programs, to help you pick the right program for your situation.
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!
Jumbo Mortgage
There is a solid reason why the word “jumbo” is used to identify a certain type of mortgage loan. Typically, a jumbo loan is enormous in size when compared to an average home loan. For this reason, jumbo loans have a few special criteria that set them apart from other types of loans. What is a […]
Pros and Cons of FHA Loans for Home Buyers
Weighing up the pros and cons will better help you understand whether your unique financial situation best suits an FHA loan.
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.
Conventional Loans
Conventional loans by Fannie Mae and Freddie Mac are available to a wide range of consumers in order to fit multiple situations. If you have great credit and a bit of money saved up, it is likely that one of these conventional loans is perfect for you. Combo Loans This is a great way to avoid […]
Minnesota VA Loans
Minnesota VA Loan The many women and men who serve our country in the armed forces deserve our utmost respect. They willingly sacrifice themselves in the pursuit of our country’s freedom. It is for this very reason that the Department of Veterans Affairs introduced VA loans. Unique Minnesota VA Home Loan Features The VA home loan […]
DSCR Loans: Debt Service Coverage Ratio Mortgage Guidelines
If you want to use rental income to help finance an investment property, a debt service coverage ratio (DSCR) mortgage could meet your requirements. The cash flow from the property can be used to qualify for the loan without needing to provide additional income documentation, such as tax returns. But is a DSCR loan right […]