The federal government has aimed to help increase homeownership for decades. One of the Federal Housing Administration’s many programs to help Americans in their homeownership dreams is the Energy Efficient Mortgage program (EEM). Many homes, especi
Jul 17, 2019 | FHA Loans Government Loans
Are there ways to get a mortgage loan without making a down payment? While the options are not as plentiful as they used to be, there are still at least four government-backed programs that allow borrowers to buy a home with no down payment. Over a dec
May 22, 2019 | Purchasing a Home First-time Homebuyers Government Loans FHA Loans VA Loans USDA Loans
You have found your dream house but it will take significant work to make it a home. You do not have cash in savings to pay for both a down payment and the repair costs. Not to worry - this is not a hopeless situation. Fortunately, there are two types of
Feb 13, 2019 | FHA Loans Purchasing a Home
Being able to purchase a home is often tied to how much of a down payment you have saved. If you have never bought a house before, you may not understand what a down payment is or why it is so important. Here’s the basics you need to know as you sav
Jan 02, 2019 | VA Loans FHA Loans Preapproval Purchasing a Home
FHA loans (those sponsored by the Federal Housing Administration) are mortgages that allow low down payments and have relaxed credit score requirements, making them very popular with first-time homebuyers and those with less-than-perfect credit. If you th
Jul 25, 2018 | FHA Loans Government Loans
If you are just getting started in the home buying process, you have probably come across several different types of mortgage loans as you have researched your options. Two of the most common home loan types are conventional and FHA mortgages. What are th
Jul 11, 2018 | FHA Loans Government Loans Conventional Loans Purchasing a Home