An FHA 203(k) home loan is backed by the U.S. Federal Housing Administration and allows a borrower to take out a loan for two purposes; home improvements and home purchases, if the home will be the … [Read more...]

Finding the right mortgage product can be difficult, especially if you’re a first-time buyer. In fact, it’s easy to become disillusioned with the idea of buying a property, or thinking you’ll never be … [Read more...]

According to a CNBC report published on January 7th, 2019, buydown mortgages may begin to increase as mortgage interest rates in the U.S. go up. Although it’s been an uncommon buying strategy over the … [Read more...]

Purchasing real estate can be one of the largest financial decisions one makes. Knowing the options and different types of mortgage loans can help a home buyer feel confident about purchasing. There … [Read more...]

In the United States, many homes are aging out of usefulness, providing opportunities for homebuyers to purchase them at a low price and invest their sweat equity to remodel the home. To help these … [Read more...]

Many homebuyers like to purchase a fixer-upper and rehab it themselves, resulting in a lower home price and immediate building equity. Fortunately, there are multiple options for a renovation … [Read more...]

Every year, the Federal Housing Finance Agency (FHFA) adjusts the limits for conforming home loans to account for the change in home values. At the end of 2018, the FHFA announced new loan limits for … [Read more...]

Florida mortgages have proven to be safer and more transparent, according to Florida Trend. Today, lenders are more concerned about borrowers making the payment for the full term of the loan. As a … [Read more...]

Why is it important to select a highly reputable mortgage broker in Florida? According to CoreLogics’s 2018 Mortgage Fraud Report, Florida ranks 3rd in the U.S. for risk of mortgage application … [Read more...]