Mortgage Brokers 101
Mortgage brokers act as the middleman between home buyers and lenders. So, they are not the ones lending you the money to buy a house. They work with different companies to help you find a home loan that suits your needs.
How to Use Gifts for a Down Payment?
Aside from cash gifts, you may also apply to down payment assistance (DPA) programs to help you with the initial payment.
How to Get Lower Mortgage Interest Rates?
The lower the interest rates, the lower the monthly mortgage payments, right? It’s a good thing you don’t have to wait for the market to change for this to happen.
How to Choose a Mortgage Lender?
Are you ready to apply for a mortgage pre-approval? Choosing which mortgage lender to submit applications to may come as a challenge.
How to Buy a House with a Low Income
Did you know that you may still buy a house with a low income?
The Dirty Secrets of Down Payment Assistance
It may come as a surprise, but previous down payment assistance programs had their dirty secrets.
The History of Home Financing
Home financing has allowed many Americans to achieve their dreams in no time.
What Are Closing Costs?
Are you surprised to know that there are also closing costs aside from the down payment in a mortgage? What are these? How much are they? Can you reduce them? Closing costs are the fees you refund a lender for processing the closing of your mortgage loan. As financial companies pay many entities to […]
What Are Down Payment Assistance (DPA) Programs for Mortgage Loans?
What is a DPA? It’s a common question that many homebuyers ask. In a mortgage, DPA stands for down payment assistance that local and national agencies provide.
What Are the Minimum Requirements for Buying a House through a Mortgage?
There are six minimum requirements for buying a house through a mortgage.