Have you heard that the FHA loan is the best first-time homebuyer’s loan? In fact, it’s been known as only a first-time homebuyer’s loan for many years. That’s not the case, though. First-time homebuyers can use any type of financing that is available in today’s market. What you need to decide is Read more
The Right Number of Houses to See Before Making an Offer
Should you make an offer on the first home you love? Is it better to wait until you’ve looked at multiple homes? How do you know what to do?Looking for Current Mortgage Interest Rates? Click Here.Today, it’s not unusual for home shoppers to look at hundreds of homes. Now this doesn’t mean Read more
What are the General Mortgage Requirements for First-Time Home Buyers?
If you are a first-time homebuyer, you are probably overwhelmed at the many loan options available today. While there isn’t a first-time homebuyer’s loan in particular, there are minimum requirements you’ll have to meet in order to qualify for a mortgage.Compare Offers from Several Mortgage Read more
How Much Should a First-Time Homebuyer Put Down?
If the thought of saving 20% of your purchase price for a home has you panicking, don’t worry. You don’t necessarily need a 20% down payment, especially as a first-time homebuyer. You may have access to several programs that allow as little as 3.5% down on a home.Looking for Current Mortgage Read more
The Pros and Cons of Rent to Own Homes
If you are a renter, you may want to consider the option to rent to own a house. With this option, you may be able to buy the home you have been renting at the end of the lease, rather than just renewing yet another lease. If you can’t or don’t want to buy the term at the end of the lease, you can Read more
