Tag: Home Loan

Posted on 06/21/2021
Tips for Qualifying for a Conventional Loan
Photo by Evan Dvorkin on Unsplash A conventional loan is the most common type of mortgage used to secure a home purchase. Conventional loans are backed by private lenders and typically conform to the standards established by Fannie Mae and Freddie Mac. In order to qualify for a conventional loan, you must meet several specific requirements. 1. Debt-to-income...
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Posted on 05/31/2021
The Most Common Mistakes People Make When Looking for a Mortgage
Image by Jan Vašek from Pixabay One of the biggest hurdles people face when looking for a home is applying for a mortgage. While applying for a mortgage is relatively straightforward, finding favorable terms might be more challenging. Many buyers are surprised by how broad the terms of a mortgage might be. With this in mind, it is...
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Posted on 04/27/2020
Financing Options for Property Purchases
Image by Credit Commerce from Pixabay Finding financing for a home could be as simple as applying for a conforming FHA loan or it could be as difficult as having to locate a portfolio loan or even a combo loan. What you need depends on the real estate you are buying. Most people buying a primary residence get...
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