Home Purchase Articles

Want to get your personal finances in order but you're not sure how?
Here at Mortgage Loan, we have a few tips!
How single parents can buy a home
Home Purchase

How single parents can buy a home

Couples have double the buying power of single home buyers, making buying a home easier for two-income families. But that doesn’t mean that single parents are out of luck when trying to buy a home.

Dan Rafter
1 month ago
Getting a mortgage with a new job? It's easier than you think
Home Purchase

Getting a mortgage with a new job? It's easier than you think

There are plenty of requirements you must meet when applying for a new mortgage or when you plan to refinance your existing loan. Lenders will look at your debt levels, income and credit score. They’ll also look at your employment history. Fortunately, getting a mortgage with a new job is far from an impossible task.

Aaron Crowe
2 months ago
Fannie Mae HomeStyle lets you buy and renovate with a single loan
Home Purchase

Fannie Mae HomeStyle lets you buy and renovate with a single loan

If you're looking to buy a fixer-upper home and renovate it, you might be considering Fannie Mae's HomeStyle Renovation program. The program, like similar products offered by private lenders and with FHA loans, allow you to include both the costs of buying a home and those needed to renovate it all in one loan product.

David  Mully
2 months ago
3 options for buying your parents a home
Home Purchase

3 options for buying your parents a home

Buying a home for your parents to live in is basically buying a second home with another mortgage added to your monthly bills. That can be difficult to do, though there are two other options if adding another mortgage bill to your finances isn’t possible.

Kirk Haverkamp
2 months ago
What do you need to apply for a home loan.
Home Purchase

What do you need to apply for a home loan.

Applying for a home loan can be an intimidating process. It's one of the things that can cause first-timers to drag their feet the feet on buying a home. Even homeowners who've been through it before may put off refinancing simply because they fear an extended and cumbersome process.

Kirk Haverkamp
6 months ago
Parental Guide: Buying a Home for Your Child
Home Purchase

Parental Guide: Buying a Home for Your Child

Purpose of this guide
This guide was created to educate parents on the options available to them to help their children to purchase a home.
After evaluating this guide, readers will have a better understanding of:
 

Kirk Haverkamp
7 months ago