How to Reduce Mortgage Insurance Premiums on FHA Loans

Buying a house is one of the most significant financial decisions that you can make. Whether you are a first-time homebuyer, or you’ve been through the process before, you should always explore your loan options. FHA (Federal Housing Administration) loans have…

Purchasing a home is a huge milestone in anyone’s life, but for first-time homebuyers who were not born in the United States, the process can seem daunting. There is some good news, though! There are actually specific loan options available…

For many homebuyers, this purchase is the most significant that they will make in their lifetimes. From the outside looking in, the home buying process can seem daunting. Fortunately, first-time homebuyer programs help ease your financial burden and provide additional…

We all dream of our perfect home. Maybe yours has a spacious backyard for your pets to roam. Or perhaps it’s an apartment with a nice view of the sunset each evening. While it’s easy to visualize what you want…

Last year the Federal Housing Finance Agency (FHFA) announced changes to Fannie Mae and Freddie Mac’s pricing structure to reduce fees for certain homebuyers and mortgage products.   The intent of these changes is to help more Americans become first-time homeowners…

Buying down the interest rate on a mortgage loan can be an effective way to save money and potentially get into your dream home faster.  The savings from any buydown option will translate into lower monthly payments for you as…

As you begin your homebuying journey, your first concern is probably, “How am I going to finance my house?” If you’ve missed a couple of credit card payments and your credit score is still recovering, or you once filed for…

Are you ready to make the jump from renter to first-time homebuyer, but feel like you don’t even know how to get started? You’re not alone! There are many steps in the home buying process, and it’s one of the…

From the availability of houses on the market, to competition from other buyers, to wanting custom features – there are many reasons you may be looking into building your own home. But just how feasible is it for you to…

Appraisals are an important part of the mortgage process, mainly because they ensure that you’re paying a fair price for your new home as a buyer. Appraisals also act as a safeguard for all parties involved, from the seller to…