There are many benefits to using a mortgage to finance the purchase of a home. For one, mortgages usually come with lower interest rates than other types of loans, which can save you money over the life of the loan. Additionally, monthly mortgage payments can be made...
A VA loan is essentially a type of mortgage loan in the U.S. guaranteed by the United States Department of Veterans Affairs (VA). The VA loan program is specifically for U.S. veterans, military members currently serving in the military, reservists, and select...
FHA loans are a popular choice for first-time homebuyers, especially those with limited resources or who may have difficulty qualifying for a conventional mortgage. But FHA loans have important differences that you should be aware of before you apply. Here’s a...
So you are a first-time homebuyer and are excited to get it done. But you may have a little part of you that is a bit hesitant and has a lot of questions. Lucky for you, this article will answer the most common questions most first-time homebuyers would have. 1. How...
When you’re ready to start shopping for a home, one of the first things you’ll need to do is contact a mortgage lender. They will be able to help you with the mortgage application process, which will be the stepping stone to your dream house. But before...
