The coronavirus pandemic that shutdown the U.S. economy almost a year ago has continued to affect the nation in many more aspects than just personal health. With millions of American companies forced to have their employees work from home, many of them ha
Mar 03, 2021 |
Mortgage interest rates are at record lows and it could be a really good time to get into the housing market. Of course, to get a mortgage loan for a home purchase lenders will look at your credit score. If you’re scared of what they’ll find w
Feb 24, 2021 | Purchasing a Home
Two new mortgage lending rules could help some borrowers more easily qualify for well-priced home loans. In December, the Consumer Financial Protection Bureau made some final changes to its qualified mortgage (QM) definitions that affect which loans can b
Feb 17, 2021 |
A conventional mortgage loan requires a 20% down payment. If you are a first-time homebuyer however, saving up tens of thousands of dollars can seem like an impossible task. Of course, there are loan programs, like FHA mortgages, that allow for low down p
Feb 10, 2021 | Government Loans USDA Loans
If you are hoping to buy a home in one of the country’s pricier markets, you may need a special type of mortgage. The main two are jumbo loans and super conforming loans. Here’s what you need to know about each one and which is right for you:
Feb 03, 2021 | Jumbo Loans
Homeownership is the American Dream, and yet with house prices on the rise, it can sometimes feel unattainable if you’re still trying to make a rent payment each month. The average U.S. rent for a two-bedroom apartment as of June 2020 was $1,917, ac
Jan 27, 2021 | First-time Homebuyers Purchasing a Home