First-time buyers must take action now before conditions change. This year might just be the best of all time for first-time home-buyers to make use of a low down payment mortgage to leap from renting to owning. Either simply because they don’t have knowledge of low down payments or don’t ... » Learn More about Why 2018 is the perfect year ever to get a low down payment mortgage
Down Payment
90% of US Counties Will Receive FHA Loan Limit Boost
Loan limits are going to be rising in 2018 for loans guaranteed by the FHA. The Department of Housing and Urban Development (HUD) announced on Thursday that it was boosting limits for those loans in more than 3,000 counties. This provides FHA loans consistent with those of Fannie Mae and Freddie ... » Learn More about 90% of US Counties Will Receive FHA Loan Limit Boost
Fannie, Freddie delay new credit scoring systems
Have you been looking ahead to the long-anticipated news that the two dominant players in the home mortgage arena - Fannie Mae and Freddie Mac - finally made the decision to overhaul their outdated credit scoring systems to increase home-ownership opportunities for a broader array of consumers, ... » Learn More about Fannie, Freddie delay new credit scoring systems
The zero-down mortgage? It’s generating a comeback
Buyers may soon be able to bring less to closing. These types of mortgages were blamed for precipitating the housing crisis years ago, but major lenders are giving the no- and low-down payment mortgage another shot. The zero-down mortgage? It’s generating a comeback Several major ... » Learn More about The zero-down mortgage? It’s generating a comeback
Renters’ greatest challenge is the down payment
Renters, what's preventing you from making the leap to buying a house? As outlined by a first-ever study sponsored by Zillow and conducted by market researcher Ipsos, regardless of where renters live across the country, the most significant barrier to buying a home is the same for almost all of ... » Learn More about Renters’ greatest challenge is the down payment