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Loan Types - 6-MINUTE READ
Lauren Nowacki - Feb 25, 2024
Buying Undeveloped Land: The Pros And Cons
So you’ve developed an idea for your dream home. Buying undeveloped land can be a cheap start to your long-term goals. Learn what to look for before you buy.
Loan Types - 6-MINUTE READ
Kevin Graham - Feb 25, 2024
40-Year Mortgage: An Explanation, The Pros And Cons
You may decide to pursue a 40-year mortgage term. Make sure you understand the benefits and drawbacks when considering your options.
Loan Types - 4-MINUTE READ
Victoria Araj - Feb 25, 2024
What Are Non-Owner-Occupied Mortgages And What Interest Rates Do They Charge?
Non-owner-occupied mortgages are investment or commercial property loans that typically have higher interest rates than residential mortgages. Learn more here.
Loan Types - 6-MINUTE READ
Miranda Crace - Feb 22, 2024
Hard Money Loan: Definition And What To Watch Out For
Hard money loans, unlike traditional loans, are based on the collateral that secures the loan. Learn about hard money loans and the drawbacks for borrowers.
Loan Types - 7-MINUTE READ
Kevin Graham - Feb 19, 2024
What You Need To Know About Financing Manufactured Homes
Manufactured homes may be the key to affordable homeownership for many. Learn how you can finance one under the favorable terms of conventional loans.
Loan Types - 7-MINUTE READ
Victoria Araj - Feb 15, 2024
Understanding USDA Construction Loans
A USDA construction loan lets you buy and build a home under a single mortgage. Learn about USDA construction loan requirements and how they work.
Loan Types - 4-MINUTE READ
Scott Steinberg - Feb 14, 2024
Portfolio Loan: What Is It And How Does It Work?
A portfolio loan can help borrowers who don’t qualify for a traditional mortgage loan. Learn how portfolio loans can fund and unlock real estate opportunities.
Loan Types - 5-MINUTE READ
Lauren Bowling - Feb 6, 2024
What Is An RHS Loan?
An RHS loan can help rural families bypass the down payment requirement and get the boost they need to qualify for a mortgage. Learn more about RHS loans.
Loan Types - 3-MINUTE READ
Kevin Graham - Feb 5, 2024
Fannie Mae Credit Scoring Changes Could Help More Borrowers Qualify
Fannie Mae will now use the average of the median credit scores for all clients on a mortgage. If you’ve been denied in the past, you may now qualify!
Loan Types - 5-MINUTE READ
Molly Grace - Feb 2, 2024
USDA Loan Closing Costs: What They Cover And What Can Be Rolled Into Your Loan
USDA loans require no down payment and offer unique means for covering your closing costs. Read our guide to USDA closing costs and how you can afford them.
Loan Types - 5-MINUTE READ
Lauren Nowacki - Feb 2, 2024
What Are Conforming Loans And What Do They Mean To Borrowers?
Conforming loans comply with Fannie Mae and Freddie Mac rules, and are thus eligible for purchase and resale to investors. Find out what that means for you.
Loan Types - 7-MINUTE READ
Hanna Kielar - Feb 2, 2024
A Guide To USDA Guaranteed Vs. Direct Loans
Wondering about how USDA guaranteed and direct loans compare? Check out our guide to determine which USDA loan product fits your rural housing aspirations.
Loan Types - 6-MINUTE READ
Victoria Araj - Jan 30, 2024
Houseboat Loans: A Complete Financing Guide
Floating off the beaten path means doing a little extra homework to move into your own dream boat. Read our complete guide to houseboat financing.
Loan Types - 7-MINUTE READ
Emma Tomsich - Jan 30, 2024
Land Loans: Everything You Need To Know
Land loans are used to finance the purchase of a plot of land. Read our guide to learn how to secure a land loan, the pros and cons of this loan type and more.
Loan Types - 4-MINUTE READ
Molly Grace - Jan 24, 2024
Do USDA Loans Require Mortgage Insurance?
For USDA loans, mortgage insurance isn’t technically required, but there are similar fees. Find out about these attractive mortgage deals for rural home buyers.
Loan Types - 5-MINUTE READ
Carey Chesney - Nov 29, 2023
No-Closing-Cost Mortgage: Does It Make Sense For You?
Closing costs can sometimes present a financial barrier for home buyers. In cases like these, applying for a no-closing-cost mortgage can potentially help.
Loan Types - 4-MINUTE READ
Hanna Kielar - Jul 13, 2023
How Do Super Conforming Loans Work?
Don't let high-cost housing markets stop your home buying dreams. See if a super conforming loan could be your key to unlocking homeownership.
Loan Types - 5-MINUTE READ
Victoria Araj - Jun 23, 2023