Tag: Loan

Posted on 07/17/2022

FHA Loan: What to Consider When Applying for One

If you're in the market for your first home, there's a good chance you'll need to take out a mortgage. One of the most popular mortgage types (especially for first-time buyers) is known as a Federal Housing Administration (FHA) loan. What is an FHA Loan? Specifically, an FHA loan refers to one that is backed and insured by...

FHA

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Posted on 02/20/2022

Planning to Buy a New Home? Do This First

Photo by PhotoMIX Company from Pexels Sometimes getting ready to buy a home feels stressful. But it doesn't have to be when you take clear steps to get financially ready for the exciting world of homeownership. Here are a few quick items to consider before stepping into your new home. Do You Have a Down Payment? Depending on...

Credit

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Posted on 06/13/2021

What Are Conforming Loans?

Image by InspiredImages from Pixabay When you plan on getting a mortgage, you have some choices. There are conventional, FHA, VA and other options. One term you'll likely hear is a conforming or a non-conforming loan. If you aren't sure what that means, you could end up confused about the kind of loan you're actually getting for your...

Home Loan

Loan

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Posted on 07/07/2020

3 Ways Buyers Can Secure the Best Mortgage Terms

Image by StockSnap from Pixabay The perfect home is not the only thing you'll need to shop for when you want to become a homeowner. In order to get the best terms, the lowest monthly payment and a reasonable interest rate, start doing some homework now -- before you even attend your first open house. 1. Check Your...

Buyer Tips

Loan

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Posted on 03/22/2020

5 Home Loan Options to Explore

Image by StockSnap from Pixabay One of the most important factors of the home buying experience is the mortgage loan you undertake. With at least eight different types, there are five that are the most common. The following types of mortgage loans are the ones held by most homeowners in the United States. 1. Conventional Mortgage A conventional...

Conventional Mortgage

FHA Loans

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