FHA Home Loans are popular among first-time homebuyers due to low down payment & credit requirements
What is a Fixed-Rate Mortgage? A fixed-rate mortgage has an interest rate that remains the same for the life of the loan. In other words, your total monthly payment of principal and interest will remain the same over time. A fixed-rate mortgage is the most popular type of financing because it offers predictability and stability for your budget.
With a 203(k) loan, you can buy or refinance a home that needs work and roll the renovation costs into the mortgage.
What is a USDA Home Mortgage? USDA loans help make purchasing a home more affordable for those living in rural areas. The U.S. Department of Agriculture backs USDA loans in the same way the Department of Veterans Affairs backs VA loans for veterans and their families. This government backing means that, compared to conventional loans, […]
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