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5 September 2017
Fannie Mae’s HomeReady home loan program offers many features that first-time homebuyers would want, including low down payments and generous debt-to-income and credit score requirements.
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28 August 2017
You can qualify for a mortgage with just 1 percent down but you need to act fast, as the rules change Nov.1.
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17 July 2017
If you're having trouble coming up with a down payment, a shared equity loan offers a possible solution.
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19 June 2017
How much of a down payment do you need on a condo? A lot depends on where you're buying.
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24 October 2016
Borrowing from your 401(k) account is one way of coming up with the down payment to buy a home, but you need to be careful when doing so.
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5 July 2016
Though still uncommon, some borrowers are turning to crowdfunding as a way to raise money for a down payment on a mortgage.
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6 June 2016
A piggyback loan can help you avoid paying for private mortgage insurance without having to make a 20 percent down payment.
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26 May 2016
What determines the best mortgage rate you can get? There's a lot more to it than just your credit score.
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5 January 2016
If you're looking to buy a home in 2016, here are five things you can do to help you qualify for a mortgage.
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27 September 2015
Buying a condominium is often the choice of people who value convenience.But getting that convenience means you have to put up with a few extra challenges when it comes to qualifying for a condo mortgage.
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21 September 2015
Wages don't grow anywhere near the rate that housing prices do, making it difficult for many Americans, including low-income families, to afford the dream of home ownership.However, there is a way such families multiply their savings toward a down payment.
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20 September 2015
"How do I qualify for a mortgage?" It's one of the most basic things to know when it comes to buying a home, but it's also one where many people are unsure about the details.
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5 September 2015
When you're looking to buy a home, bad credit can do more than just make it harder to get a mortgage loan.It can make your life more difficult and costly in ways that may never have occurred to you.
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8 August 2015
Conventional wisdom to the contrary, young people still want to become homeowners.A recent study by the Urban Land Institute[http://uli.
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27 July 2015
Cori Carl found it difficult to get a home loan from a bank in 2011, partly because she worked as a freelance marketing consultant and banks weren't too generous with loans to freelancers, who typically have an unsteady income.
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24 July 2015
FHA mortgages can be a real boon for first-time homebuyers.With low down payments and relaxed credit requirements, they can make home ownership possible for many who otherwise might not be able to qualify for a mortgage.
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20 July 2015
You're ready to apply for a mortgage loan.But you're worried that your credit score[https://www.mortgageloan.com/can-you-still-get-mortgage-bad-credit] might be too low to qualify.
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7 July 2015
Getting a mortgage loan isn't always easy: Some borrowers with enough income might not have high enough credit scores[https://www.mortgageloan.com/how-credit-score-affects-your-rate-9550] to qualify for a loan.Others might be able to handle that monthly payment but might not have enough savings for the down payment[https://www.mortgageloan.
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13 June 2015
Do you need to put 20 percent down on a mortgage? Should you? That's one of the most persistent myths about buying a home.The truth is, in most cases you don't need anywhere near that much.
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23 March 2015
In January when President Obama announced[https://www.whitehouse.gov/the-press-office/2015/01/07/fact-sheet-making-homeownership-more-accessible-and-sustainable] a reduction in Federal Housing Administration mortgage insurance premiums that would save new borrowers an average of $900 annually, an FHA[https://www.mortgageloan.com/fha] mortgage once again looked like a great deal.
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