Jumbo Loans One of the most important components of shopping for a home is identifying the type of mortgage that best suits your needs. You may need a jumbo loan to buy the house of your dreams, or, in some areas of the country, to buy any house at all. Here’s a guide that […]

Non-Conforming Loans: What Are They And How Do They Work? If conventional loans aren’t an option for you, a non-conforming loan may be able to help you get financing for the home of your dreams. But what exactly is a non-conforming loan, and what are the benefits of having one? What s A Non-Conforming Loan? […]

What Are Conforming Loans And What Do They Mean To Borrowers Conforming loans are the most common type on the market today and the most beneficial for both lenders and buyers. If you’re in the market to buy a home, it pays to learn how you can qualify for a conforming loan and save the […]

The conforming loan limit has now increased by nearly $132,000 since 2016. On Tuesday, the Federal Housing Finance Agency announced that it is raising the conforming loan limits for Fannie Mae and Freddie Mac to more than $726,200. In most of the U.S,  The 2023 maximum conforming loan limit will be raised to $726,200, up […]

First Time Home Buyer Being a first-time homebuyer is exciting! But we know it can also feel overwhelming. Even though you may be eager to purchase, we want to help make sure that you don’t end up hurting your financial goals. Home Buying is worth doing this the right way and that means buying a […]

What is an FHA loan? Before we explain how they work, let’s answer a common question: What is an FHA home loan? An FHA loan is a government-backed mortgage insured by the Federal Housing Society (FHA). FHA home loans require lower minimum credit scores and down payments than many conventional loans, which makes them especially […]

What Is a Conventional Mortgage or Loan? A conventional mortgage is a homebuyer’s loan made through a private lender. Compared to a Federal Housing Administration (FHA) loan a conventional loan often offers a higher interest rate. It can also require a higher credit score to qualify. Conventional loans are not offered or secured by a […]

What is down payment assistance? Down payment assistance (DPA) programs offer loans and grants that can cover part or all of a home buyer’s down payment and closing costs. More than 2,000 of these programs are available nationwide. State, county, and city governments run many of them. DPA programs vary by location, but many home […]

What is the $25000k Down Payment towards equity act New home buyers may be eligible to receive a cash grant of $25000 through the Down Payment Towards Equity Act.This program fulfils a campaign promise made by the administration to provide down payment assistance for high- quality housing to americans. The cash grant program was initially […]

Should I Purchase a home, with in this crazy market? Purchasing a home, is the biggest financial decision one will make. There are so many questions first time home buyers have, when making the decision to purchase their first home. One of the Biggest question’s is should I purchase a home right now, with where […]