Home Loan Learning Center
Buying A Condo Vs House: Here’s What You Should Know
Choosing between purchasing a condo or a single family home can be a very tough decision. Especially if you are a first time home buyer. Are you someone who enjoys being in arms reach of neighbors and living in a very low maintenance lifestyle? Or ...
USDA Home Loan Appraisal Requirements (2025)
For the USDA Home Loan program, we’ve covered most of the income and asset documents that the average borrower will need for the mortgage-lending process. In this blog post, we’ll be talking a bit about the “dreadful” Appraisal to make things a bit more easy ...
USDA Asset and Income Documentation, and Verification Process
You have decided to apply for a USDA Home Loan. You’ve found the home of your dreams, and it resides within the eligibility criteria set forth by the USDA. What should you expect to have to make the approval process as easy and seamless as possible? Are ...
USDA Renovation Loan: Home Improvement Loan Requirements
USDA Renovation Loans If you’re thinking about purchasing a new home through the USDA loan program, you may have other options! While you can easily just buy a home that is not in need of any repairs, the USDA Renovation Loan Program allows you to ...
Renting VS Buying A Home: Should You Rent Or Buy A House
Should you buy or rent? As much as I wish I had a straightforward answer for you, I don’t. Instead, I hope to guide your analysis in order to make things just a bit more clear for you. Let’s run down the major benefits of ...
Can I Get A Mortgage If I Just Started A New Job? W-2 or 1099?
Considering changing jobs, but curious how that might affect the mortgage approval you’re hoping for? Or, maybe you already have a new job and are wondering what your odds are. The general rule of thumb is that you should have a two-year history at your ...
Can You Buy A House With Student Loans? Credit Score, Debt Ratio, etc
Buying a home with student loan debt is a possibility. The experts at CREFCO explain what you need to consider and how to go about the process for buying a home.
What Is The First-Time Homebuyer Tax Credit?
Tax credits are like rewards from the government for doing certain things, and they work by directly lowering the amount of tax you have to pay. But what about the first-time homebuyer tax credit? Well, it’s a special tax break for people who want to ...
What Is A Profit And Loss Statement? What About Balance Sheets?
An Introduction to Profit and Loss Statements and Balance Sheets For this blog update, we’ll be going into detail about profit and loss statements, Balance sheets, the differences between them, and when the first-time home buyer will be needing them for the home buying process. ...