The Ultimate Guide to Home Loans for Borrowers with Low Credit Scores
When was the last time you checked your credit score? This three-digit number is based on your financial history and represents how likely you are to pay back a loan on time. In other words, your credit score will rise if you pay your bills on time. But what if financial hardships in the past…Read More
The Ultimate Guide to FHA Energy-Efficient Mortgage Loans
Have you ever wanted to pay lower premiums on your mortgage andlower your energy bills simultaneously? It might sound too good to be true, but the Federal Housing Authority (FHA) energy-efficient mortgage program makes this a reality! FHA energy-efficient mortgage loans were formally launched in 1995 and designed to encourage people to develop sustainable homes.They provide an array…Read More
The Complete Guide to FHA 203(k) Mortgage Loans
Did you know consumer spending on home improvements hit an all-time high at the height of the COVID-19 pandemic? With the need for social distancing over the last few years, most people stayed at home and renovated everything from pools to home gyms. This caused household expenditure on revamping living spaces to reach almost $420 billion…Read More
What Is An FHA Loan?
FHA loan is one of the most prominent loan systems in the United States. It is a government-backed program that started back in the 1930s and has since then helped hundreds of people become proud home and business owners. Today, FHA loans have gained a lot of popularity for their flexible credit requirements and low down…Read More
FHA Vs. Conventional Loans: Which one’s for you?
Understanding different kinds of loans can be exceptionally tricky. Not only do you have to learn about the process, but you also have to learn which one is better suited for you, the interest rates, down payments, and so much more. And you want to do it right because it is one of the most…Read More