USDA loans are appealing to homebuyers who don't have the money saved for a down payment. There are many other reasons why this loan type is so popular. It's often easier to qualify for a USDA loan because of flexible credit requirements and lower interest rates can save you tons of money in the long-run. However, USDA loans are not right for every homebuyer.
Refinancing a mortgage can be challenging, especially with all the costs. The RefiNow program makes the process easier and more accessible for lower-income homeowners.
Conventional refinancing may sound intimidating. But once you understand the process, you’ll find that it makes perfect sense and can dramatically improve your personal finances.
Taking advantage of lower interest rates on your FHA home loan is an attractive option to many. The FHA streamline refinance program makes it easy for homeowners to do so. We’ll cover the basics of the FHA streamline refinance program and go over common questions that borrowers may have.
An FHA loan refinance can be a great way to change your existing mortgage to meet your current financial goals. Whether you want lower monthly payments, lower interest expenses or cash in your pocket from your home’s equity, there’s an FHA loan refinancing option for you.
If you're like most Americans, your home will likely be the biggest single purchase you'll make. Saving for a down payment can take anywhere from a few months to several years, with most homeowners taking 30 years to pay back their full mortgage loan.
Buying a new home is exciting, but applying for a mortgage can feel daunting. This is especially true for new buyers who are experiencing the home loan process for the first time.
For many years, first-time homebuyers and other borrowers have turned to Federal Housing Administration (FHA) loans to finance their home purchases. There are many reasons why these government-backed loans are so popular. It's often easier to qualify for an FHA loan than a conventional loan, and the down payment requirements are typically significantly lower.
