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!
Is a new housing bubble developing? Experts say no.
Home Purchase

Is a new housing bubble developing? Experts say no.

Worried that housing prices are rising too high too quickly? Fretting that this could lead to another housing bubble, one that if it pops could send the country into the same kind of housing crisis and recession it saw back in 2007 and 2008?

Kara  Johnson
2 years ago
Real estate apps help you find and buy the right home
Home Purchase

Real estate apps help you find and buy the right home

Searching for a home has changed during the last 10 years. No longer do house hunters wait for their real estate agents to provide them with information on homes for sale in their neighborhoods. Instead, they turn to real estate apps to research everything from mortgage rates to homes for sale to foreclosures in their communities.

Kara  Johnson
3 years ago
First-time homebuyer programs can help with down payments
Home Purchase

First-time homebuyer programs can help with down payments

Buying a home for the first time can be a challenge, especially when it comes to gathering enough funds to cover a down payment. Fortunately, there are a host of first-time homebuyer programs that can help ease the financial burden of coming up with a huge down payment.

David  Mully
3 years ago
5 home buying concerns for Hispanics
Home Purchase

5 home buying concerns for Hispanics

Hispanics are one of the fastest-growing groups of homeowners in the United States.  Yet they still face some special challenges in getting mortgages and becoming homeowners compared to other ethnic groups.

David  Mully
3 years ago
Past foreclosure? Millions of boomerang buyers ready to buy again
Home Purchase

Past foreclosure? Millions of boomerang buyers ready to buy again

For many who lost their homes during the crash, 2017 is the magical seven-year mark that the foreclosure drops off their credit report. Millions of these "boomerang buyers" are ready to stream back into the housing market, proof that lenders are forgiving even when it comes to the ultimate mortgage mistake.

Kirk Haverkamp
3 years 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
3 years 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
3 years ago