There are many mortgage options that allow Indiana homebuyers to purchase a home with little to NO down payment. Conventional mortgages have always required a 5% -20% down payment, which is fine for more seasoned home buyers, but out of reach for the average first-time buyers. Other options in today …Read More
FHA Home Loan News, Tips & Information
Pittsburgh Reduced Down Payment Jumbo Loans
Jumbo mortgage options have recently expanded in Pittsburgh – Allegheny County over the last few years. The new programs today include low down payment financing structures with only 10% and 5% down for approved home buyers. In addition, the programs are not limited to only Jumbo purchase transactions, but also include rate-term …Read More
Financing Luxury Homes in Tampa (Updated)
Tampa, Florida is located in Hillsborough County and was originally a United States Army outpost named Fort Brooke. In fact, the original settlement spot was located right where the convention center is today. Tampa also boasts three major sports franchises, the Tampa Bay Buccaneers, NHL’s Tampa Bay Lightning and the …Read More
Reasons Why Millennials Should Purchase a Home
Millennials have officially taken over as the driving economic force today. As more and more baby boomers face retirement and are no longer in the workforce it’s the millennial who will wield the purchasing power. This age group ranging from 18 to 34 or so which also means their buying …Read More
2023 First Time Buyer Programs Florida
Mortgage interest rates have remained at levels low enough to make home-buying more affordable. More Florida first-time buyers are seeing the advantages of buying a home and building equity versus renting. In this post below we look at the most popular 2023 first-time buyer programs in Florida that require little …Read More
FHA or VA Loan the Better Choice For Mobile Ala Home buyers?
Mobile, Alabama, the county seat of Mobile County, is Alabama’s only saltwater port and the hub of its economic engine. The Port of Mobile was originally an important trading post between the French who colonized the region and the local Native Americans. Today, it’s the 12th largest port in all …Read More
VA Jumbo Loans For High Cost Homes
VA has permitted Jumbo size home loans for quite a while now. However, many Veterans are still unaware of the program requirements and benefits. This program is available to approved Vets nationwide, not just exclusive high costs locations in Florida or California. If you are a Veterans with sufficient entitlement, it’s worth …Read More
Higher Conforming Loan Limits For 2023
It’s an annual tradition that happens in the fourth quarter of each and every year. Well, maybe not a tradition in the sense of a holiday but the mortgage industry certainly takes notice. What is this event? Back in 2008 as part of the Home Equity Recovery Act, or HERA, …Read More
Jumbo Loan Financing 95%
A Florida jumbo loan is a mortgage where the loan amount is over the conforming limit. Because such a large amount is being borrowed lenders often charge slightly higher interest rates for these loans. Conforming loan limits vary based on your location, and are higher in areas of the country …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