Buying a home can be a thrilling experience. But it also comes with lots of questions. One common question from potential homeowners is, “how long it takes to close on a house?” And when they can expect an exact closing date. Let’s break down what you need to know about the closing process. The Closing […]
Are you considering buying your first home? If so, you may be wondering about the different types of mortgages available. One option is a conventional loan. This type of loan has many benefits, but there are also some requirements and limits to consider. Here’s what you need to know about conventional loans. Conventional loans are […]
Looking for low mortgage rates? Here are some of the loans with the lowest interest rates you’ll see, along with why they have the best rates. Lowest Interest Rate Mortgage #1: 15-Year Fixed Rates The first type of mortgage that we’ll cover is a 15-year fixed rate. Why does it have low mortgage rates? The […]
Photo by Pattanaphong Khuankaew from Getty Images There are several main types of mortgage loans. FHA loans, conventional loans, and VA loans are some of the most common, but there are others out there. Which type of mortgage loan is for you? Instead of looking at the actual types of loans, let’s talk about a […]
Photo by Kindel Media from Pexels Are you curious about how to qualify for a conventional mortgage? Here are three main factors mortgage companies take a look at when considering you for this type of loan. Factor #1: Credit Score As of February 2021, the average credit score in the U.S. is 698. What’s yours? If you […]