Tag: Loans

Posted on 02/18/2024
What is a mortgage origination company?
Have you ever thought about the mortgage loan process? If...
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Posted on 06/19/2022
Financing a Flip: The Best Funding Options
Financing a new home purchase is a common subject among potential homebuyers and lenders. However, if you want to flip a home by enhancing an existing property and selling it for a profit, you may also require funding. Luckily, there are financing options for flipping homes if you know where to look. Here are some basic tips for...
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Posted on 05/16/2021
Building a Home? Here's How Much to Put Down
Photo by Karolina Grabowska from Pexels Most people who decide to build a new house plan on financing the construction via one of the multiple financing options available. However, the size of the down payment depends on what type of loan is taken out for the project. The following is a breakdown of what different loan programs commonly...
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Posted on 05/09/2021
Basic Loan Types to Help With Your New Construction
Image by 3D Animation Production Company from Pixabay When you're dreaming of moving into a new home, you envision every detail. But before you can make this dream home a reality, you need to consider the best way to finance it. Here are a few basic home loan types to consider. FHA Loans Homeownership can be the gateway...
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Posted on 06/28/2020
How Conforming Loan Limit Increase Affects the Jumbo Market
Image by Arek Socha from Pixabay If you bought a house that was over $484,350 prior to 2020, you had to get a jumbo loan, which is a non-conforming loan. The Federal Housing Finance Agency (FHFA) increased the limit on conforming loans to $510,400 in most areas. The FHFA also increased the loan limit to $765,600 in some...
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