Search Results for: wisconsin-rapids-first-time-home-buyers

No Down Payment Mistakes To Avoid

No Down Payment Mistakes To Avoid

When people search for a home mortgage with little to no down payment, they often neglect some other important items in the home buying process. Here are some common mistakes that can be avoided with a little work.

FHA Mortgage

FHA Mortgage Loans

For many potential home buyers, the FHA mortgage is a fundamental part of their buying strategy. This particular mortgage has been a staple program for multiple generations and has helped numerous people realize the dream of owning a home. FHA Mortgage Requirements FHA, an acronym for Federal Housing Administration, does not directly offer loans. Instead, […]

Virginia USDA Rural Development Mortgage Program

Virginia USDA Loan Requirements and Guidelines

When you want to buy a home, finding the best mortgage program could make a significant difference to your long-term finances. If you are looking to live in rural Virginia, you could benefit from the advantages offered by the USDA’s mortgage program. Choosing a USDA Mortgage Loan The United States Department of Agriculture has a […]

Wisconsin VA Loan: Mortgage Program Requirements and Guidelines

Wisconsin VA Loan

In the great Badger State, the VA Loan benefit can be used whether a borrower needs to purchase a home or refinance an existing VA loan on a home in Wisconsin. The VA program that is authorized by the Department of Veterans Affairs provides access to a great benefit to the men and women who have […]

VA Mortgage

VA Mortgage Loans

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 […]

10 FHA Guidelines EVERY Home Buyer Should Know

10 FHA Guidelines

FHA guidelines prospective buyers need to keep in mind when shopping for their home. FHA approved lenders are able to offer mortgages with enticing rates for people that might not qualify for a Fannie Mae or Freddie Mac home loan.

Family Opportunity Mortgage Guidelines

How To Buy A Home For Your Elderly Parents or Disabled Adult Child

Family Opportunity Mortgage Loan Program The lowest mortgage interest rates and the most favorable terms are typically reserved for owner-occupied homes. As the phrase implies, the owner of the property lives in the house as their main residence. When analyzing risks for lending money, mortgage lenders feel that the owner of the place is more likely […]

Gift of Equity Conventional Loan

Gift Of Equity Conventional Loan

Rather than provide their kids or grandkids with a check as a down payment on a home, some people choose to offer a gift of equity on an existing home.