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A cozy living room with a fireplace and elegant wood flooring, creating a warm and inviting atmosphere.

Loan Types - 5-MINUTE READ

Megan Polom - Feb 25, 2024

Holding A Mortgage: Defined & Explained

With a holding mortgage, a home seller acts as the lender to a buyer. Learn more about what a holding mortgage is and the pros and cons for buyers and sellers.

An illustration of a multifamily home, depicting residential housing for multiple families or tenants.

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.

An illustration indicating hard money loans, suggesting loans secured by real estate property.

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.

A manufactured home in springtime surroundings, possibly in a suburban area.

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.

A couple standing outside their house, with a car parked in the driveway.

Loan Types - 8-MINUTE READ

Victoria Araj - Feb 15, 2024

Understanding USDA Construction Loans

A USDA construction loan allows you to buy and build a home under a single mortgage. Learn about USDA construction loan requirements and how these loans work.

Image depicting a black family of four, possibly emphasizing diversity or representation.

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.

Small blue house in a backyard, showcasing a compact standalone house in a residential setting.

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.

Young man sitting on a floor in the living room, depicting a young man seated on the floor in a living room setting.

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!

A serene landscape with trees and a pond in the background, creating a peaceful and natural setting.

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.

Couple discussing a loan at a bank, possibly exploring mortgage options or financial arrangements.

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.

A picturesque neighborhood with a row of charming houses, creating a cozy and inviting atmosphere.

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.

A houseboat loan, suggesting financing options for a floating residence or houseboat.

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.

A countryside home, showcasing a rural residence with natural surroundings.

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.

Country cottage, showcasing a cozy rural dwelling with natural surroundings in snowy weather.

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.

Home improvement image, possibly illustrating renovation or remodeling work being done in a residential setting.

Loan Types - 8-MINUTE READ

Scott Steinberg - Dec 20, 2023

Home Improvement Grants To Fund Your Next Repair Project

Home improvement grants are a type of financial aid provided to homeowners to make necessary repairs to their home. Check out our guide to find grant resources.

A family looking at a house possibly their own resident.

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.

Exterior view of a stucco home with architectural details and landscaping.

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.

A large brick home with a sprawling green lawn and well-tended landscaping.

Loan Types - 6-MINUTE READ

Victoria Araj - Jun 23, 2023

USDA Streamline Refinance: Everything You Need To Know

A USDA Streamline Refinance gives eligible borrowers with little or no home equity an opportunity to refinance their mortgage. Learn about this loan option.