Purchase

USDA loans, often dubbed as zero-down-payment mortgages, hold the key to homeownership for those seeking residences in rural and suburban regions. Their unique attributes and eligibility requirements set them apart from other financing options, offering significant advantages to eligible homebuyers. This type of loan could ...

A jumbo loan is a loan tailored for borrowers whose mortgage terms would exceed the conforming limits debt set by Fannie Mae and Freddie Mac. People wishing to buy luxury properties or expensive homes in high-cost areas turn to jumbo loans in order to finance ...

A 203k loan lets you purchase a house and finance the renovations. FHA 203k loans are a type of insured mortgage from the Federal Housing Administration and are available to anyone looking to buy a home and do some renovations with a small down payment.  ...

The process of applying for a conventional loan can be confusing, even before you begin, starting with a key question: Which loan type, what type of mortgage, or what loan limit should you consider? Some homebuyers opt to go with a conventional mortgage with specific ...

The VA Home loan is a loan program offered by the United States Department of Veterans Affairs, based on the VA Home Loan Benefit Act, to those who have served in the military, to single surviving spouses, or the spouses of those who have served ...

This article is your comprehensive guide to FHA home loans. We’ll delve into key topics such as eligibility requirements, downpayment amounts, minimum credit scores, mortgage insurance, employment history, income criteria, and FHA appraisals. By the end, you’ll have a clear understanding of the critical aspects ...