Not parting with a chunk of change in the form of a down payment to buy a house — sounds like a dream, right? If you get the chance to put no money down for a home, you might feel as if you have the best of both worlds: a dream home without your wallet taking a pounding. But is it as good as it sounds or is it too good to be true? In this guide we’ll break … [Read more...] about How to Buy a House With No Money Down in 2022
home loans
How to Get a Mortgage Pre-Approval
House hunting may be one of the most enjoyable parts of buying a home. However, you might find that you have even more fun when you go the extra mile and get pre-approved for a mortgage first. Getting a pre-approval may help you feel more confident going into the home buying process because you'll know how much house you can afford. It also shows sellers that you’re a … [Read more...] about How to Get a Mortgage Pre-Approval
What is an FHA Loan? Everything You Need to Know
As you read through our homebuyer's guide, you may wonder which home loans could work best for you. A conventional loan, the most common type of non-government backed loan, requires you to have a minimum credit score of 620. Your credit score is a three-digit number that comes from your credit reports and creditors (such as your credit card company or student loan … [Read more...] about What is an FHA Loan? Everything You Need to Know
How Much Are Closing Costs?
As a potential brand-new homeowner, your first thoughts might turn toward the amount you'll pay for your monthly mortgage payments. But have you considered how much you'll have to pay for the down payment or closing costs for your home loan? Generally, you'll have to pay closing costs when you purchase a home — no ifs, ands or buts. But did you know that in some cases, the … [Read more...] about How Much Are Closing Costs?
