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...
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...
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...
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...
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...
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...