If the value of your home has increased since you purchased it, and you want money to remodel or renovate, a cash-out refinance can be a smart option. A cash-out refinance allows you to use the equity built up in your home by taking out another mortgage to pay off the...
If you are looking to finance a mortgage, government-backed solutions offer appealing terms for those that qualify. While conventional loans from private lenders may come with flexibility and the potential for savings, a government loan can help borrowers with lower...
Buying a house for the first time comes with a lot of excitement and carries considerable responsibility and the stress of securing the funds. When looking to finance your mortgage, you need to examine all available options and check to see if you meet the...
From searching for a house and placing an offer to signing the contract and moving in, buying a home can be a long and exciting process. Once you close on your new home and receive the key, you may wonder what actions to take next. Explore the final steps of closing...
Since the 2008 financial crisis, buying foreclosed homes has become simpler. The explosion in foreclosures, fueled by widespread subprime lending, led to increased availability of properties after the Fannie Mae and Freddie Mac collapse. While foreclosures are far...
If you lack traditional funding to purchase a home, it may be time to explore alternatives. Since 1934, the Federal Housing Administration (FHA) has provided a path for low and middle-income Americans to be approved for loans to buy a home. The FHA is one of the...
