Home Loan Learning Center
Conventional Refinance Program 2025
.What’s the main benefit of consumer access to a conventional refinance loan? To save money by lowering the monthly payments and leaving disposable income for other expenses such as credit cards or increasing your savings account. Conventional refinance loans are the most common type of ...
VA Refinance Program 2025
Veterans and military homeowners can refinance their VA loan to secure better interest rates and reduce their monthly payments. This can also help manage housing expenses and fund home improvements. This will lighten their budget and leave money aside for other personal finance needs. Types ...
FHA Refinance Program 2025
An FHA loan can help people purchase a home, but an FHA refinance loan can help them pay it off quicker with better terms and conditions. When you refinance your existing FHA loan with a new FHA mortgage, you may benefit from lower interest rates ...
USDA Refinance Program 2025
If you have a USDA loan and want to take advantage of lower interest rates, you can refinance your USDA mortgage with a new one, always with the Department of Agriculture guarantee. A USDA refinance will lower the monthly mortgage payments and help the household’s ...
Due Diligence Vs. Earnest Money: Differences Between Them
Due diligence and earnest money are paid upfront by the buyer when they have found a property they like. Both payments demonstrate the buyer’s commitment to the transaction, but they have different purposes and implications. Due diligence money is a payment given by the buyer ...
USDA Loan Earnest Money
If you’ve been thinking about buying a home with a USDA loan, you may be asking what the importance of the Earnest Money Deposit is. The Earnest Money Deposit, also known as a good faith deposit, is an offer made by a buyer to show ...
What Is A Home Equity Loan? Pros and Cons
Home equity is a topic that may sound more complicated than it actually is. Due to questions we’ve had, we’ve decided to make a blog post talking about what equity is, how it’s helpful to have, what you can do with it, and how it ...
Is Winter A Good Time To Buy A House?
So you’ve heard that buying a house after the Fall months is a terrible idea, right? However, the best time where you can find your dream home at the best possible price is during the winter months. This may go against every single thing you’ve ...
How Do IRA Accounts Work? How To Use Them for Buying A Home
For this blog update, we’ll discuss the other types of IRAs, SEP IRAs and Simple IRAs. We’ll also go into detail what your mortgage lender will require from you if you choose to use these IRA accounts to help get into your home! SEP IRA ...