The Federal Housing Administration (FHA) recently updated its rules to make it easier for buyers and owners of condominium units to access FHA financing. The change, which went into effect earlier this month, opens up new possibilities for homebuyers and creates a new avenue for seniors interested in taking advantage of a Home Equity Conversion […]
As one of the most popular types of home mortgages, FHA loans can offer a unique and essential option, especially for first-time home buyers. Backed by the Federal Housing Administration, the loans combine less restrictive financial requirements with generous lending terms to create an attractive alternative. While many borrowers may be aware of the 3.5 […]
Buying or selling a home is more than just a transaction. It involves many steps, from listing to closing, and each one can be a source of frustration, especially if either party is unclear about the purpose or unsure about what to expect. The appraisal is just one of those anxiety-inducing steps. By understanding […]
Home ownership is more than just a house with your name on it; it’s a financial opportunity that can create security over the years through life’s ups and downs. Whatever your goals, the right mortgage can help you along the way. You’re ready for a starter home. Wedded bliss is wonderful, but the grace period […]
Those looking for a low to no down payment mortgage have options. From VA loans to HomeReady Loans to loans only available via the state, there are many different mortgages available for those who do not have the traditional 20% down payment. The most common of these home loans is the FHA loan, backed by […]
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