FHA Loan: What Should You Know?
If you're looking to purchase a new house or even a fixer-upper, you might be wondering what an FHA loan is and whether it is suitable for you. These are the ten main factors that set this type of mortgage apart. What is an FHA Loan? An FHA mortgage is ...
7 Solutions for Homeowners Struggling with Mortgage Loans
If you’re struggling with a home mortgage or having difficulties repaying loans, you are not alone. According to RealtyTrac, one in every 12,448 homes remains in foreclosure throughout the USA as of Dec. 2020. In Florida, one in every 6,240 residences, while in California, one in every 11,342. The coronavirus ...
Should I Select an FHA Loan to Buy My New Home?
Financing your new property or construction home requires time, organization, and understanding of the different alternatives available to you as a customer. One option is the FHA loan, offered by the Federal Housing Administration. In contrast to other mortgages, FHA loans have many benefits and are designed specifically to streamline your ...
How to learn if mortgage insurance is worth it?
Purchasing a new house is both exciting and stressful. The majority of new homeowners believe they have overpaid for all of the costs related to their acquisition. Although some of these expenses are necessary, others, such as mortgage insurance, require careful consideration. So, should you add mortgage insurance payments ...
Five things to know about mortgage insurance
If you are considering buying a property, you should ideally save a 20% down payment; if you don't, your lender will require you to purchase mortgage insurance before signing the loan (PMI). It is an added cost on top of your regular monthly home loan settlement, intended to save the ...
Side Hustle To Pay Off Mortgage Faster: 4 Simple Ways
Are you considering a side hustle to pay off mortgage faster? The thought that you still have a mortgage payment to make can be debilitating. More so, when it doesn't seem you are making such a huge headway in paying up faster. For some people, it can be draining and ...
