First Time Home Buyers
A large FHA premium cut could tilt market away from private insurers
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Investor concerns about a 25 basis point reduction taking business from private insurers might be overblown, but a 50 bp cut could affect an additional 10%-15% of the low down payment market, KBW said.…Continue readingA large FHA premium cut could tilt market away from private insurers
DACA home loans — FHA will now approve home loans for ‘Dreamers.’ Here’s how to get approved
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Thanks to a new policy, FHA is now accepting DACA home loans. Learn about the pros and cons of FHA loans and whether you qualify for financing.…Continue readingDACA home loans — FHA will now approve home loans for ‘Dreamers.’ Here’s how to get approved
Conventional loan home requirements: Is an inspection required?
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Conventional loans have a few basic property standards, but no in-depth home condition requirements. You likely want a home inspection anyway.…Continue readingConventional loan home requirements: Is an inspection required?
How to get a mortgage preapproval in 3 steps
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You need a mortgage pre-approval before you can start house-hunting. Here's how to get your pre-approval letter in 3 simple steps.…Continue readingHow to get a mortgage preapproval in 3 steps