Search Results for: bloomington-fha-loan-benefits

50+ Things First Time Home Buyers Need to Buy

Things You Need For Your First Home

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.

USDA Rural Housing Income Limits

USDA Rural Housing Income Limits

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 […]

Indiana USDA Mortgage Program Guidelines

Indiana USDA Loan Requirements and Guidelines

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 […]

Michigan USDA Mortgage Requirements

Michigan USDA Loan Requirements and Guidelines

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 […]

Lender Paid Mortgage Insurance Loans (LPMI)

Lender Paid Mortgage Insurance

Enjoy the ease and convenience of one loan and one low payment. No monthly Mortgage Insurance (MI) premium Potential for qualifying for a larger loan Potential for greater tax benefits Potential savings over the life of the loan What is Lender Paid Mortgage Insurance (LPMI)? With the LPMI option, the lender pays your mortgage insurance […]