What’s the major difference between FHA mortgage loans and conventional loans? Actually, there are several, but the first and most basic difference is that an FHA mortgage is guaranteed by the government. A conventional loan is not. The government’s backing of an FHA mortgage makes the loan less of a risk to the financial institution offering you a line of credit to purchase your home. And because the loan is backed by the government, FHA | more...
What kind of FHA loan product is right for your home repair projects? Some people want to fund a remodeling or renovation project using a | more...
Many expect home loan rates to start falling in 2024. Some potential FHA loan applicants want to know what kinds of refinance opportunities wait for | more...
FHA refinance loan options include the ability to apply for a refi loan to do home improvements–a very important option for those with existing FHA | more...
What’s the major difference between FHA mortgage loans and conventional loans? Actually, there are several, but the first and most basic difference is that an | more...
At the time this article was written, 30-year fixed-rate FHA mortgage rates were listed in the low 7% range. Some expected that position to be | more...
In late February 2024, the FHA announced a new home retention option for borrowers with FHA single-family home loans who may experience financial trouble along | 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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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...
If you don’t know what discount points are, you should explore them as an option to lower your mortgage loan interest rate while still in | more...
Saving money is usually done to prepare for a home loan, but did you know there is a simple trick to saving money on mortgage | more...
