- Homeowners
- May 28, 2024
5 Year Rate Protection Pledge
With NAF's 5-Year Protection Pledge, you don't need to be deterred by higher interest rates. You can buy now and refinance to an even lower rate later.
Ben is the Managing Editor for New American Funding. In this role, Ben helps with content creation, news coverage, and serving our audience of borrowers, real estate agents, loan originators, and other housing professionals. Prior to joining New American Funding, Ben worked at HousingWire, a top housing media outlet. Ben joined HousingWire in 2014 as a reporter and was later promoted to Senior Financial Reporter, Editor, and eventually to Managing Editor. During his time at HousingWire, Ben helped elevate HousingWire to national acclaim and record traffic growth. He was also honored with multiple awards for his work, including an Eddie Award from Folio Magazine and a Gold Award for Best Trade Magazine Story from the National Association of Real Estate Editors.
With NAF's 5-Year Protection Pledge, you don't need to be deterred by higher interest rates. You can buy now and refinance to an even lower rate later.
Are you interested in buying a condo? If so, you've come to the right place. Buying a condo is somewhat like buying a single-family house, but there are some differences you should be aware of.
Discover the new homebuying cash offer program from NAF Cash. Compete with all-cash buyers in the real estate market. Learn more here.
When lenders determine your interest rate, they look at your credit score to gain insight into your financial past. The higher your credit score, the more likely it is that you will receive a lower interest rate.
Are you conflicted between buying a condo or renting an apartment? Choosing one over the other presents a very different type of lifestyle, and it may be difficult to even know what the difference is between a condo and an apartment.
Are you considering applying for a mortgage at some point soon? If you are, it is probably a good time to review your credit information and perhaps take steps toward improving your credit score.
Outside of buying a house, there aren't too many things that cause more stress and excitement at the same time besides getting a new job. But what happens if you’re doing both at the same time?
Your DTI ratio is determined by adding all your monthly debt payments together and dividing that by your monthly income before taxes.
Fixed-rate mortgages are a preferred choice for many borrowers as they ensure that their principal and interest payments will remain the same each month for as long as 30 years.
It's clear that the pandemic drove a change in how people used their houses, with more people using their houses as their offices, home gyms, and more. That shift led a number of people to look for larger houses to accommodate their new normal. And as a result, newly built homes are increasing in size to address that demand.
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