Mortgages Archives - Page 40 of 45

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Home Mortgage TipsHome Mortgage Tips, Mortgages, USDA Home Loans

USDA Mortgages: Take Advantage of These Low-Rate Mortgage Loans to Buy a New Home

Are you thinking about buying a home in a rural or suburban area? If so, you'll want to take a look at the United States Department of Agriculture's mortgage programs as you may qualify for them. In today's blog post we'll introduce the USDA Rural Development Single Family Housing Guaranteed Loan Program, explain the benefits of this mortgage program and how to determine if you qualify. What is a USDA Mortgage Loan? The USDA mortgage program is one of a number of programs in which the federal government will guarantee a mortgage loan as long as the recipient meets certain…

Three Key Tips to Help Ensure Your Mortgage Pre-Approval Isn’t Declined

If you're thinking about buying a new home and using a mortgage to help cover some of the purchase costs, it's a good idea to get an initial pre-approval from your lender before putting in an offer. In today's blog post we'll share three quick tips that can help to ensure that your mortgage pre-approval isn't declined. Demonstrate Your Income and Good Credit A mortgage is a major financial transaction and one that carries a certain amount of risk for the lender. It's your goal to help them see that you have the ability to make your monthly payments and…

The Down Payment: Everything You Need to Know About Your Down Payment on a New Home

Whether you're just starting to shop for a new home or you've found the perfect house and are crafting your offer, if you're taking out a mortgage to help cover your real estate purchase you've likely given some thought to your down payment. In today's blog post we'll explore the topic of down payments and share how the amount you put down on your home will affect your mortgage. How Your Down Payment Affects Your Mortgage As you know, your mortgage is essentially a large long-term loan that is paid back with interest over a set time period. If you…