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FHA Mortgage Insurance — What Is It & Do You Have To Have It?

FHA Mortgage Insurance — What Is It & Do You Have To Have It?

If you would like to use a loan program offered by the Federal Housing Administration to buy a house, you will have to pay mortgage insurance. The FHA requires you to pay this a premium anytime you use one of its home loan programs. Mortgage insurance shields lenders...
3 Necessary Items For A Mortgage Pre-Approval Letter

3 Necessary Items For A Mortgage Pre-Approval Letter

Are you ready to buy your dream home? Find out what you need to get a pre-approval letter to streamline the process. Here’s an all too common scenario for first time homebuyers: you decide it’s finally the right time to buy a house only to fall in love with one that...
Most Popular Home Loans For Military Families

Most Popular Home Loans For Military Families

Are you or your spouse in the armed forces and ready to buy a home? Learn which home loan options are most popular for military families. Most homebuyers use a mortgage to make the American Dream of buying a house a reality.  Luckily for Veterans, there are multiple...
What Are FHA Down Payment Requirements?

What Are FHA Down Payment Requirements?

Looking for an option other than a conventional mortgage loan? If your credit score is preventing you from securing a traditional home loan, don’t lose hope. It may be possible to qualify for an FHA loan instead. Here’s a look at the FHA loan program and down payments...
5 Myths About the VA Home Loan Program

5 Myths About the VA Home Loan Program

Have you been told your credit is probably too low for a home mortgage? Or heard horror stories about qualifying for a VA home loan? There are a number of false tales or exaggerated claims surrounding these mortgages. The truth is the VA Home Loan Program is an...
VA Loan Requirements: Credit Score

VA Loan Requirements: Credit Score

If you’ve been considering a VA home loan, you may be wondering if your credit score meets the VA loan requirements. VA home loans make homeownership a reality for many veterans, active service members and their spouses. Benefits of the VA home loan program include no...