Tag: Home Loan

Posted on 04/23/2023

No matter the age and condition of your home, you may...

Posted on 02/07/2021

Picking the Right Financing for Your Home

Photo by Vlada Karpovich from Pexels While your credit score will play a role what your mortgage interest rate will be, there are also various types of loans that can increase or lower your monthly mortgage payment. In general, there are two specific loan types, adjustable rate loans, known as an ARM and fixed rate. However, within these...

Financing

Home Loan

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Posted on 01/10/2021

How to Qualify for a Conventional Loan

Photo by Evan Dvorkin on Unsplash A conventional loan is the most common type of mortgage used to secure a home purchase. Conventional loans are backed by private lenders and typically conform to the standards established by Fannie Mae and Freddie Mac. In order to qualify for a conventional loan, you must meet several specific requirements. 1. Debt-to-income...

Conventional Mortgage

Home Loan

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Posted on 05/10/2020

The Most Common Mistakes People Make When Looking for a Mortgage

Image by Jan Vašek from Pixabay One of the biggest hurdles people face when looking for a home is applying for a mortgage. While applying for a mortgage is relatively straightforward, finding favorable terms might be more challenging. Many buyers are surprised by how broad the terms of a mortgage might be. With this in mind, it is...

Home Loan

Finance

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Posted on 03/15/2020

What Are Conforming Loans?

Image by InspiredImages from Pixabay When you plan on getting a mortgage, you have some choices. There are conventional, FHA, VA and other options. One term you'll likely hear is a conforming or a non-conforming loan. If you aren't sure what that means, you could end up confused about the kind of loan you're actually getting for your...

Home Loan

Loan

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