For many people, FHA loans have been a valuable resource for those looking to buy a home for the first time. They are attractive loans due to their lower down payment requirement of 3.5% and generally lower rates than conventional mortgages. However, FHA loans offer more than just a traditional mortgage to home buyers. These… Continue Reading
With many economists predicting the Federal Reserve to continue to rise rates to combat inflation, that spells unwelcome news for many would-be first-time homebuyers looking to purchase a property. The Fed has already raised rates three times this year and most expect that we’ll see two more rate hikes before 2022 comes to a close.… Continue Reading
Mortgage rates have gone well over 7% as we move into the last quarter of 2022, hitting a 20-year high. As a result, home buyers are looking for alternatives to get a lower rate and more affordable payments on their home purchases. One of those alternatives gaining popularity is assuming loans that the home seller… Continue Reading
If you think you need hundreds of thousands of dollars to start investing in Real Estate, read on and find out how you can start investing with little or no money, the legitimate way. This is not a midnight infomercial style approach with dubious-looking characters in funny suits aboard luxury yachts! This is 100% above… Continue Reading
The Federal Reserve announced last week that it will again raise rates by three-quarters of a point in an effort to combat the highest level of inflation seen in the United States in decades. While the Fed does not control mortgage rates directly, this decision will undoubtedly influence the current mortgage rates available today. First-time… Continue Reading
Home loans for people with bad credit are surprisingly available. If you have had credit challenges in the past and want to refinance or buy a home, you have options. There are excellent loans such as FHA and VA loans that give you the opportunity to buy or refinance a home even if you have… Continue Reading
The decision to keep renting or to buy a home is one of the most significant decisions adults will make in a lifetime. As we currently face one of the most challenging times in housing history, deciding whether to do one or the other seems even more complex. The younger generation looking to move out… Continue Reading
It is a widely held belief that you need to put 10-20% down to buy a house. The truth is, you can buy a house with as little as ZERO down payment, and if you have the right programs in place, you can get into your own home with ZERO OUT OF POCKET! If you… Continue Reading
For many first-time homebuyers, the biggest challenge to homeownership is the large chunk of change needed to put down on a mortgage. This is commonly referred to as a down payment. Depending on the loan program you choose, a lender could require you to put down as little as 3% or as much as 10%.… Continue Reading
If you are a first-time home buyer, there is a lot to learn about buying a home. The most misunderstood part about home buying is — home financing. We are going to help shed some light on this topic. We are going to go over the top first-time home buyer loan options. You will learn… Continue Reading