We often get the question of which government program would be better, FHA or USDA? A quick search on the internet will give you a general view of each program’s benefits. Most of them suggest the USDA loan would be the better choice, assuming you meet the two key eligibility …Read More
FHA Home Loan News, Tips & Information
Jacksonville First Time Buyer Loan Programs Explained
First-time buyers are the catalysts in nearly every real estate market, Jacksonville included. When someone buys their very first home, that allows the existing property owners to move up and buy their second or third home. Over time, as equity builds, current owners then use that accrued equity to move …Read More
Florida 100% USDA Rural Housing Loan
Are you located in a more rural area of Florida? If so, maybe the 100% USDA home loan can benefit you. Some background – The USDA Rural Development Home Loan is the last remaining no down payment government-insured mortgage program for Florida civilians. The USDA mortgage program is designed to …Read More
Massachusetts VA Purchase & Jumbo Loan
Countless veterans and active military personnel are eligible for 100% VA financing in Massachusetts. Even though some veterans may have already used their VA home benefits in the past, they can still use the program again by utilizing a remaining or restored loan entitlement. Below we will discuss all the …Read More
FHA Lender – Indian River, St. Lucie County
Homebuyers in Indian River & St. Lucie County may want to consider getting an Federal Housing Authority (FHA) backed loan to finance your home. FHA loans are also backed by the government, which makes them attractive to lenders who handle them. Consider this loan source if one or more of …Read More
5 Jumbo Loan Myths Busted
It’s relatively easy to get a general idea of what it takes to qualify for a conforming loan, a loan that conforms to Fannie Mae and Freddie Mac’s lending guidelines. Nearly two out of every three conforming mortgages issued today are of the Fannie and Freddie variety. Each conforming loan …Read More
5 Percent Down Jumbo Financing in Louisville
5 Percent Down Jumbo Financing in Louisville: Interest rates have been in or near historic lows for more than three years now and jumbo rates have followed suit along with their conforming cousins. This means borrowers financing a jumbo purchase in Louisville, Kentucky can leverage their purchases and hold onto …Read More
FHA Home Loan Q&A
Each day we receive many questions about FHA mortgages from prospective homebuyers. Below we have listed a few of the most common FHA Home Loan Q&A. Do you have a question? Contact us at Ph: 800-743-7556 or just submit the quick info request form on this page. Q: What …Read More
FHA Mortgage Insurance Explained
There are two primary types of mortgage loans available in today’s mortgage marketplace, VA, USDA, and FHA all fall into the government-backed category. Conventional loans are a little different due to the fact that the bank assumes the risk on a loan with no government backing. Government-backed loans will compensate …Read More
Titusville FHA Loan Lender
FHA home loans have continued to gain popularity for new home buyers across Florida. Many homebuyers around Titusville, New Smyrna Beach and Cocoa Beach want financing options that offer min down payment like the FHA program. In addition to the low 3.5% down payment requirement, FHA recently announced the monthly …Read More