If you don’t have the savings to pay a large down payment or a great credit score when buying a home, a Federal Housing Administration (FHA) loan can help. It can make it easier to get approved for a loan with lower down payments. You can buy a home with as little as 3.5 percent […]
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
The VA home loan is one of the best ways for a qualifying veteran, service member, or surviving spouse of a service member to purchase a home. The fact that they can buy a home without a down payment is great alone, but when you combine the other benefits such as low-interest rates and no […]
An escrow account can be a great benefit to new homeowners that are trying to get their financial plans in order and establish some good money habits.
Buying a home requires a bit of preparation. If you meet the following conditions then you should be ready to purchase your first home this Fall!
Saving for a down payment can hold you back from purchasing a home. But with the Illinois FHA program, you can purchase a home with as little as 3.5 percent down, making saving for the down payment a little easier. You might have money saved in your checking or savings accounts, but family members can also […]
We look at the best questions to ask before making an offer so that you can be more confident in your choice.
We look at how you can tell if it’s a buyer or seller market you are dealing with, and more importantly, what you need to do to buy or sell a home.
Understanding these FHA minimum property requirements will help home buyers and sellers through the appraisal process and not be alarmed.
This article discusses things that lenders will approve for people moving to another state, as well as things that will get a mortgage application turned down, and why.
