An FHA loan is a type of mortgage geared toward borrowers with lower credit scores or who otherwise don't qualify for a conventional loan. You can use an FHA loan to buy, build or renovate a home, or ...
Learn about the types of loans available before beginning your home search Written By Written by Contributor, Buy Side Kim Porter is contributor to Buy Side from WSK and expert on mortgages, student ...
Conventional mortgage loans usually require a credit score of 620 or higher and a stable income for qualification. Conventional mortgages make buying properties and getting out of monthly rent ...
Credit scores are on the rise. According to Experian, since 2016, the average credit score for all consumers has risen from 699 to 715. Over the same time period, the average credit score for those ...
While rates have been cooling, today's high-rate environment has made it challenging for homeowners to refinance their mortgage loans. With average mortgage interest rates ranging from 6.08% to 7.79% ...
Physician mortgage loans are geared toward soon-to-be or new doctors who may not qualify for other home loan programs because of their student loan debt. Lenders are less stringent about ...
Federal Housing Finance Agency Director Bill Pulte said the government agency is "actively evaluating" portable mortgages, which would allow a homeowner to transfer their loan from their current home ...
Between rising home prices and today's high mortgage rates, buying a home has gotten very expensive. "Today's home affordability is the worst we've seen since the early '80s," says Neil Christiansen, ...