There are good reasons to put more money down on a low-down-payment mortgage like an FHA home loan. There are also important reasons why someone might not be able to pay as much upfront on the home loan as they would like. What are the advantages and disadvantages of a larger downpayment? Are you looking to buy a new home in 2025? The biggest disadvantage for some is the basic financial outlay of cash. Financial | more...
When can I refinance an FHA loan? That is a common question and one that is addressed in the FHA loan handbook, HUD 4000.1. There | more...
Is the credit check for an FHA cash-out refinance loan the same as for a new purchase home loan? Borrowers want to know how their | more...
An FHA refinance replaces your existing mortgage with a new one. It is sometimes used to obtain a loan with more favorable terms or get | more...
The Federal Housing Administration (FHA) offers many loan programs to make homeownership accessible and affordable for a broader range of borrowers. While the FHA 203(b) | more...
How much house can you afford with an FHA loan? If you aren’t sure about the final amount of your monthly mortgage payment as a | more...
It doesn’t matter if you want to buy a single-family home in a rural area or a condo unit in a busy metropolis; if you | more...
If you’re looking at your home loan options, now is the time to brush up on some mortgage terminology. Our friends at FHA.com have made it easy with their Homebuyer Terminology animations.
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First of all, the Department of Veterans Affairs does not allow VA lenders to offer standalone land loans utilizing a Veteran’s home loan eligibility. However, | more...
If you are interested in purchasing a piece of land and financing it through a VA-approved lender, there are several loan options available for you. | more...
You can use a One-Time Close construction loan to build a new home on your own land or land you buy in conjunction with the | more...
