Conventional Loans · FHA Loans · Home Buying · Private Mortgage Insurance · USDA Home Loans · VA Home Loans

5 Ways to Buy a Home with 5% Down or Less

January 10, 2024

One of the most common misconceptions about mortgages is that you need 20% down to buy a home. Nothing could be further from the truth. The fact is that there […]

FHA Loans · Home Buying

FHA Loan Down Payments | Requirements 2024

January 10, 2024

With an FHA loan, nearly all borrowers will be able to pay as little as 3.5% of the home’s purchase price as a down payment.

Conventional Loans · FHA Loans · Home Buying

Down Payment Gift Money for First-Time & Repeat Home Buyers

January 5, 2024

Here’s one thing you should know as a first-time or repeat home buyer: You don’t have to come up with a down payment by yourself. Family members can help. If […]

Home Buying · Understanding Mortgages · USDA Home Loans

USDA Loans: First-time Home Buyer’s Guide 2024

January 5, 2024

First-time home buyers can get three big benefits from a USDA loan: Buying with no money down: Usually, home buyers put at least 3% down, and a lot of buyers […]

Home Buying

Seller Contribution Maximums for Conventional, FHA, VA, USDA | 2024

January 5, 2024

Mortgage closing costs range from 2-5% of a home’s purchase price. That can add up. But, many sellers are eager to pay your closing costs in order to sell their home […]

Home Buying · Mortgage Strategy

The Do’s & Don’ts of Down Payment Gifts | Free Gift Letter Template

January 5, 2024

When buying a home, the biggest upfront expense is likely to be the down payment, which is typically between 3.5 and 20 percent of the home price. Even if future […]

Home Buying

How much is a down payment on a house? (FHA, VA, USDA, Conventional)

January 5, 2024

Many people still think you need a 20 percent down payment to buy a house. However, many borrowers are able to buy homes with little or no down payment. There […]

Home Buying · News

$25,000 Downpayment Toward Equity Act | What To Know

January 4, 2024