A USDA (U.S. Department of Agriculture) loan is a great option for buyers with moderate or low income. It lets you buy a house with no money down and low mortgage rates — two huge benefits that only one other loan program (the VA loan) offers. If your home is in an...
When it comes to buying a home, one of the most important decisions you’ll make is choosing the right mortgage loan. With so many options available, it can be overwhelming to figure out which one is best for you. In this comprehensive guide, we’ll walk you...
Eager to purchase a new home? Start by finding the best mortgage lenders in your area to help get you the best rate with the best terms. Purchasing a home comes with a major commitment. Unless you sell down the road, you can expect to be paying on a mortgage for the...
US lenders use the proposed mortgage repayment, based on the amount you’re looking to borrow as a percentage of your gross income. In most cases, a lender would want this repayment to be between 28%-36% of your overall gross income. Your credit score loan to...
Nearly a third of Americans who have never owned a home said they planned to purchase a home in the near future. With a limited supply of entry-level homes for sale, getting your foot in the door could be a challenge. Before you start your house hunt, you will want to...
Learn strategies for saving a down payment, applying for a mortgage, shopping for a house, and finally the purchasing process. Identify your new home needs, wants, and must-haves. We want all sorts of things from our dream home—and it’s possible to get many of them,...
