For many people, being self-employed is the dream. However, this can make it harder to get a traditional mortgage. That’s where non-QM loans come in.
Self-employed, small business owners, and gig workers may be eligible for a non-qualified (non-QM) mortgages.
Homebuyers may want to understand the differences between conforming and non-conforming loans when choosing a mortgage.
Some lenders have begun offering ultra-low-down payment mortgages, as low as 1%, to help more people achieve homeownership.
Once relegated to off-grid dreamers, barndominiums—aka barndos—have officially graduated into the mainstream. While the aesthetic is easy to love, financing a barndominium takes a bit of extra work.
Many homebuyers choose Federal Housing Administration (FHA) loans because they don’t need to bring as much money to the closing table. But they will still need to pay for FHA closing costs.
If you’re shopping for a mortgage, you likely have more loan options than you realize. Conventional Loans are one of the most popular choices. But FHA, USDA, and VA loans may be a better fit.
Homebuyers using Conventional loans may be able to use down payment assistance to help them to afford a home.
Homebuyers using a USDA loan must undergo a USDA appraisal. Here's what that entails.
Discover mortgage programs designed to help lower-income homebuyers with down payments, closing costs, and affordable financing options, making homeownership more accessible.
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