The biggest hurdle that most residents in Wisconsin face when buying a home is the down payment. For some people, it could take 5 years or longer to raise enough for a 5% down payment on an average-priced home. However, the USDA Rural Housing mortgage is a much better solution that is available to thousands […]
When you buy a home, you will be expected to pay an earnest money deposit, and if something goes wrong, you could lose this cash. Contingencies are a way for buyers to protect their earnest money when making an offer.
Qualify for a Bank Statement Loan for the Self-Employed While the mortgage crisis from 10 years ago may have changed the way mortgages are offered, the bank statement loan program is still available under the right circumstances. This type of non-qualified mortgage loan will require some documentation for the down payment and income, but it […]
Understanding the consequences of FSBO failure sheds light on the potential risks of navigating the real estate market without professional assistance.
We look at the things you can do to get ready to move out of your parents house less scary and more successful. Easy steps that anyone can follow.
We take a look at the difference between a home inspection and an appraisal, clearing up some common misunderstandings about these two important stages in the buying process
USDA Rural Development Mortgage When you are choosing which loan program is right for you, you might not consider the USDA. As this program is designed for homes in rural areas, you might not think it is suitable for your situation. However, the majority of Michigan should be covered and this type of loan offers […]
Indiana USDA Rural Development Mortgage When looking to buy a home in Indiana, saving a large down payment could delay your purchase for years. Your lender might require 5% of the sale price as a down payment to qualify for the loan, but with a USDA Rural Housing guaranteed home loan, this is something you […]
A USDA loan is a great way to buy a house. The ability to borrow up to the home’s value at interest rates that are competitive with FHA and conventional loans makes this a great option for first-time home buyers. There are also new USDA income limits that make the USDA mortgage even better in […]
While buying a home for the first time is very exciting, it can be a stressful experience. We look at the essential things first time home buyers need to buy to make life easier.
