Financial literacy is a tool of empowerment. Understanding how our financial system works and knowing what behaviors, habits, and tools are available to you can help you be successful within that system.
First-time homebuyers can often feel overwhelmed when deciding to buy their first home. However, buying a home doesn’t have to be this stressful thanks to the few options that first-time buyers can utilize when looking to purchase a home.
Founded by leaders who understand firsthand what it is like to struggle to build a life in this country, NAF was built with diversity and inclusion in mind.
In celebration of our 20th anniversary, we are excited to announce a fresh new look that mirrors the innovation, growth, and professionalism that NAF represents.
When trying to buy a home as a first-time homebuyer, you may feel limited by how tough it can be. Homeownership can be within reach if you take the time to research the requirements, educate yourself on the process, and come up with a solid plan.
If you are a homebuyer with little to no credit history, a government-backed FHA loan may be able to quickly and easily help you buy a house. If the less strict requirements of an FHA loan appeal to you, then continue reading to find out exactly how to get an FHA loan when you are limited by lower credit.
There are different rules, advantages, and drawbacks depending on which type of IRA you have. Whether you are a first-time homebuyer or a seasoned one, there are many factors to consider before taking money out of your IRA to buy a house.
Whether you’re interested in an FHA loan or not, the words “FHA mortgage insurance requirements” may seem like a bit of a mystery. There’s likely some “how’s" and "why’s” you may want to know more about.
Buying a home is like many dreams, it requires planning, foresight, and hard work. Owning a home is one of the few dreams that requires you to qualify for a mortgage though. Qualifying for a home loan often hinges on two key factors: the borrower’s debt-to-income ratio (DTI) and their credit score.