How to Qualify for a Mortgage When Your Income Isn’t Steady

How to Qualify for a Mortgage When Your Income Isn’t Steady

Mortgage lenders love to see borrowers with consistent, steady incomes. But not all borrowers have jobs that send a paycheck every two weeks. Of course there are plenty of self-employed entrepreneurs, but there are also people who are depend on tips for i

Oct 10, 2018 | Purchasing a Home Conventional Loans

6 Facts about Private Mortgage Insurance

6 Facts about Private Mortgage Insurance

Private mortgage insurance (PMI) is a type of insurance that most borrowers are required to pay if they are not making a down payment of 20% or more. While you may think you understand the concept of insurance, if you have never bought a house before, you

Oct 03, 2018 | Conventional Loans

What is a Piggyback Mortgage?

What is a Piggyback Mortgage?

In order to achieve the dream of homeownership, many buyers look for creative financing to aid them in their quest. One such option is a piggyback mortgage, which actually involves taking out two separate loans to make homeownership more affordable. These

Sep 12, 2018 | First-time Homebuyers Conventional Loans Preapproval Purchasing a Home

What Are Closing Costs?

What Are Closing Costs?

When you sit down to sign the papers to buy a home, you will most likely be required to pay closing costs. Mortgage closing costs are the fees associated with the home buying and lending process.  What is included in my closing costs? The types

Aug 22, 2018 | Purchasing a Home Refinancing a Home Conventional Loans

What is the Difference Between FHA loans and Conventional Mortgages?

What is the Difference Between FHA loans and Conventional Mortgages?

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

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