What’s the average down payment on a house? In 2019, it was way lower than 20%. In fact, the average down payment is just 6-12%. Learn how that’s possible.
Mortgage loan limits increased across the U.S. in 2020. See what you can afford with new loan limits for conventional, FHA, and VA mortgages.
Current FHA loan limits for every U.S. county. Check your local FHA loan limit for 1-unit, 2-unit, 3-unit, and 4-unit homes. Safe and secure.
There are a number of VA loan service requirements. They determine how much borrowers pay to use the VA mortgage program. VA-qualified borrowers can obtain mortgage financing with very advantageous terms. So how do the advantages (and eligibility requirements) of a VA loan stack up against USDA and FHA loans? Let’s find out.
The FHA 203k loan is a “home construction” loan available in all 50 states. The major benefits, plus some things to watch out for.
In select areas, the FHA 203k rehab loan limit will rise from $35,000 to $50,000. Learn where to find these “Opportunity Zones” and how to buy in one.
FHA mortgage insurance will remain steady in 2020. Here’s what that mean for homeowners and home buyers. Some can still get rid of FHA MIP this year.
New FHA condo mortgage changes that begin in mid-October will make condo buying easier for buyers with small down payments and less-than-perfect credit.
Buying a condo is great…most of the time. But they come with additional risks and costs. Learn the costs and risks of condo ownership.